I am in the process of getting ready to close on a primary residence soon and have a question wanting to know what people think will be best.

I am moving out of state for a job and anticipate it will be very busy for a good 6-12 months. I would like to start building a rental portfolio there once things get settled a little bit. Maybe down the road this house could be a house hack. I sold my primary residence and have enough to do the 20% down if that is best.

Do people think it would be best to put 20% down and reduce the payment around 200-300/month and possibly open a Heloc for investing down the road or would it be best to put less say 10% down and save the money for a while when I am ready to look for a deal?

Hopefully that makes sense. Let me know if you have any questions or advice.

If you're looking to leverage and have a longer investment time horizon going 5% with PMI and saving the difference for a second property would be ideal because you have two assets rather than just the one. Alternatively if you're looking to retire in the next few years and want more security going 20% without PMI and increasing the debt payment would be the easiest method.

@Lien Vuong

Thanks for the input. Time is on my side so that is a good way to look at it.