Down Payment
This might be a dumb question - but here goes: In my search for my first investment property, every realtor I speak to has the same question - how much am I going to put down? My question is this - assuming you close escrow timely, what is the big deal about the down payment? If the seller is going to get 100% of the money in a couple weeks after I tender my downpayment anyway, what is the effect of a bigger or smaller downpayment?
Thanks for any thoughts!