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Updated almost 8 years ago on . Most recent reply

User Stats

63
Posts
8
Votes
Peter S.
  • Rental Property Investor
  • Denver, CO
8
Votes |
63
Posts

Does it make sense to put down more than 20-25%

Peter S.
  • Rental Property Investor
  • Denver, CO
Posted

Let's say I want to purchase my first property for 100-120K. In order to secure a loan I'd need to come up with 20-30K. 

Does it make sense to put down more than the minimum down-payment in order to decrease the P+I and increase cash flow? 

Would it be better to leverage as much as possible and use the extra capital for cash reserves or to start funding the next property?

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