Flexible on 1% rule if the down payment was low?
Hello BP community. I’m curious to hear from both early and seasoned investors.
If you had the opportunity to put down less than 25% on an investment property would you be willing to take less than 1% in rent per month? For example, if you only had to put down 15% and earned 0.8%, would you still do the deal (assuming no other red flags)?