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Updated over 2 years ago,
Can I cash flow at 5% down?
Hi all!
I am concerned about not being able to find a property that can cash flow with 3.5-5% down. I am going to be investing near Cleveland when I graduate in 2023 and my price range is $150-$200k for a multi-family.
Would it make more sense to wait until I have enough for 20% down? Or has anyone been able to find cash-flowing deals with a lower % down payment?
Any advice would be greatly helpful.
Thank you!
Ben Sulka, aspiring real estate investor