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Updated over 7 years ago on . Most recent reply
Time of payback on down payment
Does anyone look at how long it takes to make your money back on your initial investment (down payment)? I am just starting out and I can't get over waiting 5+ years to make my initial $30K down payment back. Am I looking at this angle all wrong? Is there a standard average to look at (i.e. shoot for properties with less than 7 years to make down payment back)? I will take me forever to acquire properties when I keep putting down money for down payments and will take a long time to make that money back.