Financing Question

[Sid Newstrom]

Initially when looking for my first rental I wanted to use the homepath program in order to lower the down payment. As I ran tests on the numbers leveraging up seems to be a better way to go.

My initial question: Would any one recommend a lower percentage down payment as a way to improve the over all analysis?

and if so what financing strategies would be the best way to achieve this.

On my first home we used the equity of the house to finance half of the down payment. would something like that work to lower the DP.

This would be for a long term rental.

Thanks in advance.