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Updated almost 7 years ago on . Most recent reply

User Stats

64
Posts
14
Votes
Andrew Giunta
  • Paramus, NJ
14
Votes |
64
Posts

Should I put down more than 25%?

Andrew Giunta
  • Paramus, NJ
Posted

I have been looking at rental properties in the price range of 100k-200k. I have decided to leverage them but if I get 10 through conventional financing and I pay 25% down I will still have more that I was looking to invest. Am I better off increasing the down payment on each property in order to increase cash flow per month? I am looking to make this somewhat my main form of income so more cash flow and less stress if the properties are vacant for a bit would definitely be a good thing. Curious what others on this forum would do. 

Most Popular Reply

User Stats

55
Posts
28
Votes
Brendon Foster
  • Lender
  • Parsippany NJ
28
Votes |
55
Posts
Brendon Foster
  • Lender
  • Parsippany NJ
Replied

Your theory makes sense. more down means lower mortgage payment means more cash flow so it makes perfect sense to do so if you are looking to maximize your cash flow. 

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