If a person does not have enough cash, is it better to put down the largest down payment possible to minimize monthly mortgage?

Within this process, I have an Investor Profile sheet that I fill out to help ensure I don’t waste an investor’s time with deals that wouldn’t be appealing to them.

My suggestion as always is minimal risk on intial investments.p.s.

Stocks have only been minimally successful especially after the crash and all that...

The HOA dues do cover : ext. maintenance, area lights, water, waste mgmt., fire insurance, pool (un-opened).I'll let the pros look at this one and tell me what you think.

Plus, a wasted 3 inquiry on my credit.

Nick wants to minimize his mortgage, so he uses his $50,000 in savings as a down payment, and he opts for a 15-year loan at 6.75%.

Those 20k houses are in BAD areas...I wouldnt waste my time, for 60k you can sometimes find a place near one of our many universities and I get roughly 1300 a month rental out of them---1300 a month w/a $600 mortgage---not bad huh?

Now i know NYC is outrageously expensive, BUT i have some friends there so i could get by on little money (One thing i can brag about is my money managment I rarely waste money on anything unnecessary like indulgences, paying for school is whats killing my savings!!)

Both were in excellent condition so trying to negotiate to a decent price would be a waste of time.