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Updated over 3 years ago on . Most recent reply

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John Anderson
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66
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Flexible on 1% rule if the down payment was low?

John Anderson
Posted

Hello BP community. I’m curious to hear from both early and seasoned investors.

If you had the opportunity to put down less than 25% on an investment property would you be willing to take less than 1% in rent per month? For example, if you only had to put down 15% and earned 0.8%, would you still do the deal (assuming no other red flags)?

Most Popular Reply

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13,385
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,418
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13,385
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

What would your cf end up being...in a number that actually tells me something...in dollars NOT in a useless percentage.

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