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Updated almost 7 years ago, 03/06/2018
How much to put to down to get the BEST returns?
How much to put to down to get the BEST returns?
Should you always put in 20% down, or is there another percentage to put down to get the best returns?
Let's use an example:
$80k purchase, $1,200 rent/month. Total interest would come out to $56k over 30 years. Is it better to buy this condo/house all in cash, better to finance with 20% down, or finance at another percentage?
Would it ALWAYS be best to finance with just 20% down? Does it depend on how much money you have? Let's say you have 1 million dollars and are buying a $80k purchase, should you still only put 20% down or should you just buy the whole property with cash?