Tag: Down Payment

Posted on 01/07/2024
Flipping a House: How Much Funding Do You Need?
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
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Posted on 06/05/2022
Here's Why You Should Consider a Bigger Down Payment When Buying a Home
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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Posted on 04/17/2022
The Pros & Cons of Higher Down Payments: What Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
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Posted on 04/26/2020
Alternative Funding: Crowdfunding for Down-Payments
Photo by Tumisu via Pixabay In an age where collaboration is on the rise, it’s not surprising that some are looking to find an alternative source of funding for their home or business purchase. Crowdfunding has been a successful way to fund various projects and business propositions, but it seems that some have found a way to make...
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