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Buying & Selling Real Estate

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DJ Dawson
  • Real Estate Agent
  • Sacramento, CA
259
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394
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initial down payment

DJ Dawson
  • Real Estate Agent
  • Sacramento, CA
Posted Mar 2 2015, 12:04

Hello all,

My names DJ Dawson I am currently a college student in southern california (university of redlands) and I have been doing a lot of research in the RE market over the last 3 months. My question is:

How much money is needed for a realistic down payment on a home that will avoid high interest payments that come with little to no down payment. I am sure this depends on the price of the home so lets say 300k home. How much would you say is a respectable down payment that can avoid high interest charges.

Also, for my southern cali people I am currently looking for investors to tail and gain some experience in the industry prior to my first investment. I can provide help with labor on a home (free of charge of course), I am just looking to get some insight. Thanks again all!!

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