When buying a house should you put as much money down as possible or as little as possible?

it depends on a bunch of variables. simplified, if you will get more returns on the money than you lose from the interest rate, then pay the least down

>>60515362 (OP)
Depends on the rate. I'd say no though and just put down what makes a reasonable payment for you. Then just refinance when a lower rate is available

>>60515588
This. First is "can you afford the payment", second is "what is the rate and can you beat it elsewhere?". If you can afford the monthly payment and can beat the rate, that's it, even if that's the minimum. If you don't think you can beat the rate, might as well go all in on the house.

It's all about putting your money to work. Normtards think they'll sleep better at night with lower payments but meanwhile when they lose their job they still have payments to make they can now not afford and now all their equity is tied up in their house instead of having grown in liquid assets, so they wind up having to do crazy shit like taking out 9% HELOCs to survive and lose their houses at the end of the day.

>>60515362 (OP)
Rent forever and invest instead, fuck owning a home, especially at current prices and rates.
>inb4 pass down to muh family
Your children will sell the second you die

>>60515588
This. Put down as much as will make the monthly a good amount for you. Since most likely you're going to sell the house anyway at some point before you pay the mortgage.

>>60515749
>>60515588
This is what aligns with my thinking best, I figure I'll be there for less than four or five years

I was taught 20% so I can get the best rates and no pmi

I'm also planning to put 50% down on the next property because that's the only way I can get the monthly to a semi reasonable level

>>60515362 (OP)
If the rate is 0% put as little as possible. If the rate is what it is now, pay all cash.

you are either working class or capitalist class

>>60515362 (OP)
It depends on if you can use your money to make profit or not. If you can't, the house is a better hold for the money. If you can, as little as possible downpayment is ideal: you are losing on potential gains. Warren Buffetts biggest regret in this life is buying a house, he calculates he would have had twice the money if he had rented and invested the house money.

>>60515701
>t. homeless anon who needs validation from other homeless fags

Is it cheaper to build new or buy a prebuilt home if you plan to renovate? I want to remodel a room completely with hardwood and negative pressure (for cigar and pipe smoke).

>>60516892
Buy a house in a nice area. Not some suburban hell hole.

>>60516999
Of course. I don't want to deal with neighbors especially all my income is investment based. Nothing worse than jealous suburbanites. Before I retired from my last career I was dumbfounded at just how spiteful people were after finding out I had money.

put as much down as possible

buy it outright with cash if you can, zero mortgage is ideal

I intend to buy with cash, fuck a predatory loan. Rent and invest. Housing is stagnating and if we are lucky, going to crash some day soon.

>>60517039
suburbanites are that bad? idk, probably. working class people.
move into million dollar neighborhoods where everyone is retired young.

>>60515701
This is not incorrect. A home is an enjoyable expense, not some way to maximize return. People get confused between "it feels good to live in a nice home, it's worth buying a home" and "a home is a GOOD investment" (it gives you a lot of money relative to your choices)

>>60517069
> and "a home is a GOOD investment" (it gives you a lot of money relative to your choices)
What?