Posts Tagged ‘down’

Should I buy a rental property or put more money down on my primary residence?

I just sold my house in California (thankfully) and have about 150 grand to spend. I’m looking at moving into a new 125k house, but I’m thinking of getting a rental property and allow that to help offset my mortgage. Taxes are 2.7% here for real estate. I make about 100G’s a year, 42 and I live alone. Not sure about the hassle of rental property though.

How much would a down payment be to flip a house?

I want flip houses, but I don’t how much a down payment would be. Can some please give a estimate of the down payment?

What is the minimum down paymentrequired for rental property to get good interest rates?

What is the minimum down payment rental property? Also if I will purchase rental property such as an aprtment building and live in one of the units and rent out others will that be considered rental property. What is the best way to go about financing this with arround 15-20% downpayment?