Does a bigger downpayment make a deal better

[Daniel Gonzalez]

Hi everyone,

Recently I got into a discussion, which turned into a disagreement with a family member about downpayments. In short I said if a deal doesn't cashflow with a regular downpayment % such as 20-25, throwing more money into it won't make it a killer deal. In this conversation the fictional property wasn't going to be refinanced to pull any cash out and was going to be put on a regular 30 year note. In my opinion that would be a lot of capital tied up in a not so great deal.

So my question is, was I completely wrong in saying that/thinking it or does putting down 30%+ make a bad deal a killer deal.

thanks