Suggestion on how much to invest

[Thiyaga Rajan]

Hello BP community, need your thoughts. Getting a Multi family for 475K and the expenses including PM comes to around $1200 and will have around $3300 left. Reserving 10% for maintenance, I would be able to have $2900 finally. The commercial mortgage comes to around $2600 for 5 year term ammortized over 20 years with balloon for now after 5 years. I can either 120K (25%) and get the rest as loan which will leave a very thin margin of about $300 every month. However with another 50K I have an option to pursue another triplex and still do not have information on rent roll and expenses on that.

What is the suggestion? Go for another property and ignore the cash flow on the 1st property or focus on cash flow on the 1st property?

If I put the minimum 25% on 1st property I would be able to close the 2nd property but would not be able to cash flow on both and both Multi family units are in great location and have good appreciation scope. Please advise.