01-05-2006, 03:08 AM
| | opinions needed
Hi, new to investing. Just wanted your opinion. I'm purchasing a condo conversion for long term rental, 3 to 5 yrs. Would you recommend 20% as downpayment or should I leave as little as possible. Also, I have chosen an option arm, minimun payment mortgage to increase my cash flow.
your opinion will be greatly appreciated.
thx in advance