Wondering if i can spend less on my down payment !

[Frankie Paterno]

Hello everyone ! So recently i have been looking to purchase a home and im wondering if all

This sounds correct .. house would be 525k mortgage lender said figure this is what i would need roughly for a conventional loan. Btw i am a first time home buyer ! He said 26k down for DP and another 20-25k in closing cost, does this sound right ? I see people spending way less then that and snagging houses ! I’m trying to get into the real estate investing world by purchasing my first home and renting out the basement, refinancing in a year and buying more property with the money i receive back. I have roughly 90k set aside for investing just want to go about it the correct way !! I’m located in Staten Island NY ! For anyone looking for a partner for the future for flips etc. i know some things but looking to learn more as well I’m all game !!!