Financing a real estate deal
Hello,
Is it best to go conventional with 20% down on a property. The way I see it is now you have much less cash than if you go with 3% or a 3.5% down payment even though you now have a higher interest rate and PMI. Wouldn't the cash on cash ROI numbers still work out. I'm asking because say you have $50,000 to invest with the price of properties one deal could eat up the $money where as if you go with 3% or 3.5% now you have $money to invest in other properties. Thanks