Total Members: 159,401

downdoggy

  • downdoggy replied to the topic cashflow +ve in the forum Help Needed! 19 years, 9 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, 9 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]

downdoggy

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