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Updated almost 7 years ago on . Most recent reply

Taylor Wade Wirthlin's profile image
Taylor Wade Wirthlin's profile image
Taylor Wade Wirthlin
  • from Charlotte, NC
  • Member since Dec 12, 2017
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Taylor Wade Wirthlin's profile image
Taylor Wade Wirthlin's profile image
Taylor Wade Wirthlin
  • from Charlotte, NC
  • Member since Dec 12, 2017
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Taylor Wade Wirthlin
  • Charlotte, NC
3
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10
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Starting Out

Higher percentage down

Taylor Wade Wirthlin
  • Charlotte, NC
Posted

I am new to real estate investing and I am hoping to purchase a duplex soon to house hack. My question is.. is there any benefits to putting a higher percentage down? Or is it better to put the lowest amount down and perhaps invest the rest of the money in another property?

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Jay Helms's profile image
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Jay Helms
  • Rental Property Investor
  • from Gulf Breeze, FL
  • Member since Jun 8, 2014
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Jay Helms's profile image
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Jay Helms
  • Rental Property Investor
  • from Gulf Breeze, FL
  • Member since Jun 8, 2014
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Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
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Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
Replied

All depends on your goals @Taylor Wade Wirthlin. A larger down payment will mean lower mortgage payments and better cash flow, but adversely affect your Cash on Cash Return. What are your goals?

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