All Forum Posts by: Mark McDonough

Are there any alternatives to putting down 20-25% on an investment property? I know that is the standard of you don’t plan to live in one of the units.

Are there any ways to (legally) get creative and not put down as much? Thanks

I’m new here and am still in immersing myself in all the BP Blogs and pods. Just wanted to ask some experienced investors about the 1% or 2% rule. I know it’s more of a guideline than anything, but is it a realistic model these days for properties in the greater Boston area?

The more and more I research, the more discouraged I get about jumping in. I don’t want to pull the trigger on a deal just for the sake of making a deal. Breaking even/ hoping for appreciation makes me nervous.

A few years back it may have been a

different story, but now I have my current home and 2 kids to consider. Thanks for any feedback