A lot of regulations around mortgages have changed since the 2008 financial crisis, which created healthier lending practices. That didn’t change the fact that many home buyers, not just first-timers, struggle to save enough for a 20% down payment. So do home buyers need 20% down to get a mortgage? This article touches on some pros and cons around the 20% threshold. However, how you handle your money is a personal decision and getting professional guidance is advised.
Calculate Your Rental Property Returns
Thinking about buying or exchanging an investment property? I built an easy, fill-in-the-blank spreadsheet that helps assess cash flow and return rates on a rental property—for either short-term or long-term options. It's always wise to review the numbers and do a...