You can use your commission to lower your closing costs or buy down your rate.

If you are comparing the same exact interest rates then 20% will cost 1.625 -1.75 points more than a 25% down payment. 

Just think about this, every 12-15 years you live expect 40-50% more in costs of everything.

First time using a 203k loan to finance rehab of property.

Unless the seller is willing to finance more of the property, you will likely have to put in 20% plus the rehab costs.

Purchase price: $98,000 Cash invested: $31,000 Sale price: $166,000 We acquired 1212 Ridgmont from a wholesaler, and it turned out to be a straightforward rehab project.

Andrew, did your rehab #'s shake out as expected?

I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year.

And their investment at cost would be earning 17% + !

Renovation PlanScope of Work:Convert 0.5 Bath to Full BathEstimated Cost: $7,500Details: Add shower or bathtub, update fixtures, ensure proper plumbing.Add Bedroom in BasementEstimated Cost: $15,000Details: Install egress window, insulate, add walls, flooring, and electrical work.Replace DeckEstimated Cost: $3,000Details: Replace existing 8'x10' deck with new one.General UpdatesEstimated Cost: $45,000Details: Update kitchen, bathrooms, flooring, paint, fixtures, and necessary repairs.Total Renovation Costs: $70,5004.