All Forum Posts by: Sam Kammermeier

Thanks Ramon, I've been leaning towards an FHA loan as well, so I'm glad you echoed that. Fully planning on house hacking, love the idea! thanks for the tips

Hi BP,

This is my first post on BP, and I'm excited to be part of such a great community.

I want to invest in a duplex, triplex or quad within the next two years. I'm looking for some advice on financing. If I put down 20% I avoid PMI, but I will most likely be saving up for a longer period of time to afford that high of a down payment, but if I put below 20% it becomes harder to cashflow due to higher mortgage payments and PMI.

I'm curious to see what you all have to say about it. Is it a better idea to wait and have a larger nest built up for a bigger down payment or is it better to start sooner with a lower downpayment but worse cashflow?

Thanks all for your help,