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Updated over 6 years ago on . Most recent reply

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Brandon Dalzell
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How much $ SHOULD I put down?

Brandon Dalzell
Posted

I am wanting to buy a 4 plex as an investment property. I have about 75-100k cash. Properties are about 200k. How much should I put down? Enough to make it cash flow? The minimum and keep as much cash as I can?

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Put down as little as you can, based on what the lender says...and still cash flow.  If you put down more than you need, you're wasting your money.

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