Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

12
Posts
1
Votes
Kathy Mckee
  • Investor
  • Appleton, WI
1
Votes |
12
Posts

Low or no down pmt for VA mortgage.

Kathy Mckee
  • Investor
  • Appleton, WI
Posted May 28 2016, 10:55

I am looking to purchase a 4 unit apartment complex and living in one unit. I can get a VA loan with 0% down, which does not increase the interest rate. I am use to thinking that I should put a good down payment down. However, I am wondering if I should go with the 0% down and just have either a higher monthly payment or add more years to the mortgage and save my cash? I do own two other duplexes with conventional mortgages and pay more each month on the principal to pay off earlier. Any advice would be appreciated!

Loading replies...