initial down payment
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!!