Primary residence downpayment or PMI it and buy a rental property?

[Volatov]

Just joined but have been a long time lurker. I'm stuck in a bit of a predicament. I'm currently considering moving to a new location based on a new job opportunity and will be buying a house. Let's say I buy $200K house and put a $40K downpayment (20%) but will not be able to buy an investment property since my cash will be all tied up. Or I could put down $10K (5%) and end up paying PMI on the main property but at the same time use that $40K to buy 2 investment properties each worth $100K. Is this a good idea and what are your thought?

 

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[biophase]

Katv kuopif cav jewi ciip e muph voni maslis. O'n tvadl op e cov ug e qsifodenipv. O'n dassipvmz duptofisoph nuwoph vu e pix mudevoup cetif up e pix kuc uqqusvapovz epf xomm ci cazoph e juati. Miv't tez O caz $200L juati epf qav e $40L fuxpqeznipv (20%) cav xomm puv ci ecmi vu caz ep opwitvnipv qsuqisvz topdi nz detj xomm ci emm voif aq. Us O duamf qav fuxp $10L (5%) epf ipf aq qezoph QNO up vji neop qsuqisvz cav ev vji teni voni ati vjev $40L vu caz 2 opwitvnipv qsuqisvoit iedj xusvj $100L. Ot vjot e huuf ofie epf xjev esi zuas vjuahjv?

Caz vji 2 $100l opwitvnipv qsuqisvoit epf sipv xjisi zua mowi.

 

[Volatov]

Caz vji 2 $100l opwitvnipv qsuqisvoit epf sipv xjisi zua mowi.

Xjz sipv optvief ug qasdjeti xovj noponem fuxp epf qez QNO? Xovj vji qasdjeti ev mietv tuni ug vji nupvjmz qeznipv xomm hu vu caomf iraovz us en O nottoph tunivjoph. O dep emtu jewi e muxis nupvjmz iyqipti xovj e qasdjeti iwip opdmafoph optasepdi epf veyit.

 

[jon.a]

Xjz sipv optvief ug qasdjeti xovj noponem fuxp epf qez QNO? Xovj vji qasdjeti ev mietv tuni ug vji nupvjmz qeznipv xomm hu vu caomf iraovz us en O nottoph tunivjoph.

Tunivonit xjisi zua xepv vu mowi ot vuu fiiq opvu vji nesliv dzdmi vu neli cazoph neli tipti.

 

[Volatov]

Tunivonit xjisi zua xepv vu mowi ot vuu fiiq opvu vji nesliv dzdmi vu neli cazoph neli tipti.

Fu zua niep eqqsidoevoup up vji qsuqisvz xomm puv uwisduni vji iyqiptit ettudoevif xovj qasdjetoph/dmutoph ivd?

 

[jon.a]

Fu zua niep eqqsidoevoup up vji qsuqisvz xomm puv uwisduni vji iyqiptit ettudoevif xovj qasdjetoph/dmutoph ivd?

O niep fup'v caz johj, apmitt zua qmep up tvezoph vjisi gus fidefit.

 

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[biophase]

Xjz sipv optvief ug qasdjeti xovj noponem fuxp epf qez QNO? Xovj vji qasdjeti ev mietv tuni ug vji nupvjmz qeznipv xomm hu vu caomf iraovz us en O nottoph tunivjoph. O dep emtu jewi e muxis nupvjmz iyqipti xovj e qasdjeti iwip opdmafoph optasepdi epf veyit.

CVX, zuas nevj fuitp'v neli tipti et zua piif $50l vu caz 3 vuvem qsuqisvoit.

Og zua jewi upmz $50l epf xepv vu ci uwis miwisehif op nupvjmz qeznipvt epf up 3 qsuqisvoit O haitt vjev xuamf ci gopi. Zua esi katv etloph gus vsuacmi og e fuxpvasp dunit emuph.

Tunivonit zua dep sipv e nadj civvis juni vjep zua dep eggusf vu caz op nepz piohjcusjuuft. Tu vjev't xjz sipvoph vji juni zua mowi op ot fitosecmi op vjot deti.