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Updated about 6 years ago, 11/06/2018

User Stats

40
Posts
16
Votes
Natasha Richardson
  • Chicago, IL
16
Votes |
40
Posts

Paying more to principal

Natasha Richardson
  • Chicago, IL
Posted
Hi guys. So I am still looking for my first multi unit to get started in real estate investing. I am eligible to receive a few grants for down payment assistance but in speaking with a few loan officers so far, that may not be the best option because the interest rates are typically higher when using a grant. The only thing that would offset this is if I pay more towards principal. So my question is, is it wise to put more money towards principal on an investment property given that my goal is to produce cash flow?

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