All Forum Posts by: Manly Souza
Manly Souza has started 1 posts and replied 92 times.
Post: Oahu
- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
What's up Leo,
I'd be interested in this as well. I fly solo as an investor (for now), and have contractors and lenders that I work with, but investors meeting on the island would be $ick!
Post: Best to save?
- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Hi Dustin,
Research is the way we all started. Increase your knowledge as much as you can and later you'll be able to turn that knowledge into application.
Good question, but there are a lot of variables here. How much is the asking price of the property you have in mind? Will the additional 10% be difficult to acquire? My last deal I put 20% down to avoid the PMI and have a higher cash flow. I'm in escrow now for a property and also putting 20% down. The 20% down does help a lot and banks love it. But if the numbers work with the 10% down then that's all that matters. As long as the numbers work in your favor, it's a good deal.