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All Forum Posts by: Mike Jaquith

Mike Jaquith has started 1 posts and replied 1 times.

I am just starting out in my hunt for my first property. I live in the suburbs of Portland, OR.

On most properties I'm seeing, if I put 20% down, most, if not all, of these properties are negative cashflow in the amount of usually $200-300.

Should I wait to put down more like 30-40% to ensure positive cashflow or am I being too cautious?