downdoggy replied to the topic cashflow +ve in the forum Help Needed! 19 years, 8 months ago
Thanks terry. i will keep looking for a better deal!
Originally posted by Terryw:
You should only put more cash into a deal if you haven’t got an existing home loan. If you have an existing home loan, it would be a lot better for you to place the money on the home loan.Putting down more cash will also slow you down, as you will run out of…[Read more]
downdoggy replied to the topic cashflow +ve in the forum Help Needed! 19 years, 8 months ago
Thanks for the great advice willi. I had considered this aspect but it is better to hear from someone with experience, so thankyou!
quote]Originally posted by willi:
My suggestion would be to do the numbers on a situation when putting more then 20% down based on a Cash on Cash return.
What often occurs is that by putting more cash into the…[Read more]