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Updated over 1 year ago,
Down Payment Strategies with High Initial Starting Capital
Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments.
Do you prefer going as low as possible in order to leverage as much as you can to push for more volume?
Do you put more than needed down in order to reduce the payments and possibly lessen a vacancy risk/increase cash flows?
Spend less on the down and put more towards renovations/adding value? ( I have zero experience in renovations for some context)
Curious to hear about your strategies and thoughts.
Thank you.