Updated about 4 years ago on . Most recent reply
interest rate vs amount down
Hi all,
Just wanted to get your thoughts on this. When you guys finance your properties, what is more important to you: the interest rate or the amount down required by the lender. I know there are a lot more things to consider than just this, but from an ROI standpoint, would you take a higher interest rate for only having to put 20% down or lower interest rate and have to put 25% down. Let's say the difference in interest rate is 0.5%. Thanks!