All Forum Posts by: Pope Lake

Many thanks Jason and Joseph. This makes sense, and I'll look into the calculator.

Joseph, can you discuss a little bit more about the "spread" between the COC ROI and your mortgage interest rate? How much room do you like to have, and is this just to ensure you can comfortably pay the mortgage?

When you’re looking at buying a property for cash flow with a conventional mortgage loan, how do you know what cash amount to put down, if you’re looking for optimal RoI and cash flow?

For example, let’s say I’m looking to buy a property for $300k and I only have to put down 3.5% with an fha loan. I can put down the $10.5k (3.5%), but what if I can afford to put down more, lowering my mortgage cost?

Sure, I can have higher cash flow potentially if I put down more money up front, but what if I put down too much and waste my cash?

If I want the highest cash on cash RoI and highest cash flow, how do I know what the sweet spot is when considering a down payment?