How much down payment when you have a lot of capital?
Hi All,
I'm from Australia where the market is extremely high where the average single family home here in my city costs 900k and cash flow is extremely hard unless you have a lot of capital and put down a large down payment. But ive stumbled across a market with some good 2 bedroom units that go for 350k with about 15k rental income. My question is am I better off putting down a big down payment or splitting my capital across multiple properties? I'm probably able to purchase 5x 350k properties with a 100k down payment. But i'm unsure if I should just put in 50% of the value to make sure I have cash flow. I've been investing in crypto for over 6 years which is why I have a lot of capital. But the money is useless unless i put them into real estate for cash flow