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Updated about 4 years ago on . Most recent reply

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7
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Dennis Pro
  • New Castle, DE.
0
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7
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Financing a real estate deal

Dennis Pro
  • New Castle, DE.
Posted

Hello,

Is it best to go conventional with 20% down on a property. The way I see it is now you have much less cash than if you go with 3% or a 3.5% down payment even though you now have a higher interest rate and PMI. Wouldn't the cash on cash ROI numbers still work out. I'm asking because say you have $50,000 to invest with the price of properties one deal could eat up the $money where as if you go with 3% or 3.5% now you have $money to invest in other properties. Thanks

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