Capital down or cash reserves

[Brandon Thomas]

I have been through the grueling awesome process of selling my house to buy apartments. 4 plex $375k 5% down (18750) 2bd 2bath $3250 total income $2350total debt service $300 total utiltes and misc cash flow $600 month. My question to you wise experienced investors. I will owner occupy and the offer at 5% down I will live there rent free but pay $300 a month in utilities. I have enough capital to pay down the debt service to 12% ($45k) so I can live there 100% free. Should I take advantage of the low down opportunity with no rent and hold on to the capital or use the capital to pay down the debt service and raise cash flow?

[Eric Taylor]

Use the 45K and additional savings to buy another property.