All,

I understand that putting less down on a property allows for opportunity to purchase other properties but putting less down also raises the monthly mortgage payments and you would also have to pay PMI (depending on the lender). From what I have analyzed, these two increases in expense always makes the deal worse. I hear a lot on the podcast that being able to buy a property as your primary residence has the massive benefit of putting a lower down payment (i.e. 5% down), however, I do not understand why that is from an analytical standpoint. If anyone could help me with this knowledge gap, I would appreciate it. Thank you!