interest rate in my country for a mortgage loan is 15%. I found a great deal for a buy and hold property. But with a down payment of 20% and a 30 year mortgage loan it will take 2-3 years to obtain a positive cache flow. What should I do? I only have a capital to pay the 20%.
What do you mean 2-3 years to get positive cash flow?
What is going to change in 2-3 years which will allow you to get positive cash flow?