Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

50
Posts
40
Votes
Robins Dorvil
  • Rental Property Investor
  • South Florida and Central Florida
40
Votes |
50
Posts

25% down on MLS Property

Robins Dorvil
  • Rental Property Investor
  • South Florida and Central Florida
Posted

Correct me if I'm wrong here. Most people say if a property is on the MLS it's either over priced or priced at retail value. My question is, what if I decide to buy a property at retail value putting 25% down. If the down payment make my numbers work and I don't mind leaving my cash in the deal for long term gain, would that be something for feel guilty about or should I take a different approach? I know we are in a business where you should leverage as much as possible but I'm seeing everywhere people are stating the numbers aren't working unless you get a steal on an off market property? Let me know your thoughts. I want to make sure I understand what approach I should take.

Warmest regards,

Robins

Most Popular Reply

User Stats

837
Posts
646
Votes
Jack Seiden
  • Real Estate Agent
  • Washington DC
646
Votes |
837
Posts
Jack Seiden
  • Real Estate Agent
  • Washington DC
Replied

Honestly if you can afford it putting more money down is not a bad thing. People on this forum are obsessed with debt which sounds great until the market turns or you have a large unexpected expense or have over estimated your rental income.

  • Jack Seiden
  • Loading replies...