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Updated almost 5 years ago on . Most recent reply

Nikki Closser's profile image
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Nikki Closser
  • Investor
  • from Michigan
  • Member since Nov 8, 2019
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112
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Nikki Closser's profile image
Nikki Closser's profile image
Nikki Closser
  • Investor
  • from Michigan
  • Member since Nov 8, 2019
Connect
Nikki Closser
  • Investor
  • Michigan
221
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112
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Buying & Selling Real Estate

Putting a large down payment towards PRIMARY home?

Nikki Closser
  • Investor
  • Michigan
Posted

This might be a dumb question, but I’m still learning so I really appreciate your help and patience!

I know it doesn’t make sense to put 150K down payment of your own cash towards a 500K investment property. But, what if it is your PRIMARY home that you plan to stay in for the long run? Does it make sense to do such a large down payment? 

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