You will most likely get better financing with little down.

@Oscar Beteta if you buy a multifamily and live in one of the units (you have to check how long for) and qualify financially for FHA financing, you're reducing your down-payment by about 15-20%.

I can relate to this post, I have a similar story. i'm early in my investing career and I learned the best is to continue to network in your area and get creative with the financing. think outside the box I do what others in your area are not.

Hey KevinAre you still looking for financing?

We bought a 32 unit apartments, with 10% down, 20% seller financing, 70% bank financing.

Brought 1st Rental property for $25,000 — Obtained financing based on a subject-to appraisal that came in at $50,000 @ 80% LTV = $40,000.My original thoughts were I would be able to only put $15K into the property and technIcally have none of my own money in the deal.

You don't have to have all cash, your IRA can buy a property using leverage but you must utilize non-recourse financing (no personal guarantee is allowed according to the IRS rules).

You will stay current on trends in the market, financing, etc. 4.

For all intents and purposes, the Rectory looks and funtuons similar to our row of houses.My other neighbor (let's call him Eddie) and I were informed by the priest last weekend that the Rectory will need to be sold soon because of a lack of financing coming in from the school.

Closing costs both ends, commissions, financing/carrying costs, etc.