Using low interest loans as a down payment on a property.

[Gervon Thompson]

Hey guys! Just wondering, at this moment in time I have a 800 credit score and make around 60k after taxes, however I’m not able to save most of it due to aggressively paying down my student loan debts. In light of what’s going on interest rates have been really good and I’m experiencing a bad case of FOMO. With hardly any liquid reserves I was just wondering if it would be a good idea to use a low interest personal loan as a down payment on an investment property ? I probably can get a fixed interest rate of around 4% as of now, but kind of nervous about how the overall numbers might pan out. Pardon my ignorance I am new to real estate and this would be my first venture if feasible. Thanks in advance!