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Updated almost 9 years ago,
Pro & Cons of small down payment vs. larger downpayment
Hey guys currently in escrow for a 4 unit apartment that will cash-flow.
What are your opinions on putting as "little skin in the game" and getting better ROI, but smaller cash flow because mortgage payment will be higher and will need to initially have private mortgage insurance because we will be using an FHA loan.
Compare that with putting a larger down-payment (more money out of our pockets) but higher cash flow.
Big down-payment or small down-payment?