How much of a down payment should I use?
(Thunder Bay, Ontario)
I am currently in the process of buying a third property for $150,000 with a 20 percent down payment.
With that much of a down payment I will be liquidating pretty much all of my cash on hand.
Should I look for a different financing situation where I can get away with a lesser down payment?
Any advice and knowledge would be greatly appreciated. Thanks a lot!