All Forum Posts by: Tassany Prasoeuthsy

@David Kuhlke Great topic. Before I can answer, it would depend on what what you’d use the money for? For me, going up to 95% is pretty high. Cause you’d have to pay your main mortgage @ a higher interest w/ this, I don’t like that idea. 2% more on hundreds/thousands of dollars is a huge difference! And risk having to either pay down your main mortgage or that your home really would be 400k when you sell. Any case, if I were to get a huge chunk of change, I’d only do another investment like a flip, so I can get my money back quickly. Otherwise, I’m not comfortable having all that money tied up in loans. Let’s say you don’t do a flip and you’d do a buy & hold multifamily, hoping it’s net cash flow is just amazing & makes it worth while cause your tenants are paying off your new mortgage AND your main home. This just me though. :)