Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
down payment in effect to brrr strategy
okay keep in mind I am still learning "so be gentle" I was watching a webinar by David I believe last week and wanted to bring my question to the forums to hopefully get it more explained for me... lets say I want to by a SFH and its my first btw its say 100k as it will be a investment property I would be required for the 25% down but lets say I have 50k in my heloc that I could use, being this is my first property would you put the full 50k in for the higher cash flow or would you go more over with the 25% down and go for the brrr and refi back out the investment? my follow up question to that "probably the dumb question" is IF the house was able to cash flow say 150-200 a month and I refi surely my new mortgage payment would shoot over that cash flow and drop me into a negative or did I miss something? so why would I refi the house to go from a positive to a negative? I am sure I am about to get blasted for this one:)