Updated almost 2 years ago on . Most recent reply
Question - Down Payment Sizing
Hey guys, I am currently a college sophomore looking to purchase my first deal with my brother who is also in college (we have about 525k). My question regards down payment sizing, I am wondering if it would be a bad idea to put a larger downpayment on a house to increase cash flow as me and my brother don't see our college years as a time where we can dedicate our full energy into finding/managing deals (and if we do we could always refinance to pull out our equity). We wanted to get one maybe two properties and sit on them until after college where we will have stable incomes and be looking to buy 1-2 properties a year. Should we just put a standard 20% down on a property a keep liquid money or would it not be a bad idea to put up 50-60% on a property and put the increased cashflow into more passive investments like stocks etc.