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All Forum Posts by: Dylan Mabin

Dylan Mabin has started 1 posts and replied 1 times.

Starting Out

Post: Initial Investment on Multifamily

Dylan MabinPosted
  • Posts 1
  • Votes 3

Hello all! 

I plan on purchasing my first rental property soon, which will be multifamily (4 units). I am going to house hack and stay in one unit. Therefore I planned on taking advantage of the FHA loan. However, if I have the means to put down a larger downpayment, should I do so? I know this will take my mortgage down but I imagine it wont be by too much. Was wondering if anybody had first-hand knowledge of putting down larger down payments vs small ones. Thanks in advance!

3 Votes
Cleveland, Ohio