@Vincent Provenzano You would probably need closer to 30% and 10-30% post closing liquidity. For a 3.5mm property you would be looking at $1,050,000 down + operating capital and closing costs. Also if you don't or can't roll the rehab into the loan you have to add $$ to fund your rehab as well. Total in for this scenario would be roughly 1.2-1.3mm if the rehab budget is light. You now have to have the 10-30% post close liquidity which could be as much as 735k in this example.