Rohan Antara is the real estate world, there are no guarantees. But you can make a deal more likely to close if you have a big down payment.
Here's why: If you put little or no money down on an investment property, you'll be borrowing most of the purchase price from a lender or investors. That means you're going to need to pay interest on that loan — and it's likely to be higher than what you'd pay for mortgage rates.
So how can you buy property with little or no money down?
First off, don't count on borrowing from your parents or relatives. That's because they're not allowed to gift their money to anyone buying in their name — and the IRS is looking for these situations. If your parents want to invest in your project, they need to find a way around this rule.
Another option is making sure that your bank or investors have enough cash flow coming in so that they can cover the payments without having to pull out of any other investments or line of credit. This should include covering all closing costs and fees related to purchasing the property itself (which can add up pretty quickly).
Other links: Rohan Antara Group