All Forum Posts by: Stephan Guna

Hi all!
I'm a new investor, I have done a ton of research and starting to look into deals at the moment and finally feel like I am ready to dip my feet in. I am primarily looking in the Cleveland, Canton, Akron, etc Ohio areas for investment properties. One question which I am still dealing with is the choosing between a the varying loans. I will be primarily looking at multi-family(duplex) houses and recently got pre-approved for a 25% down payment for a multi-family and a fha for 3.5% down.
However, this is where my problem arises so obviously I have to live at the property for FHA however I have no intention of moving out my current home. I have around 50k saved up, therefore I should be ok with the 25% down payment but my biggest concern is that I won't be able to expand as fast with 3.5% down payment vs putting 25% down. I would have less liquid cash, therefore preventing me from investing in another property at a faster rate.
Do you guys think I should go with the 25% down payment for a mulit-family(duplex), also are there any other options between 3.5%-25% I should know about concerning loans.