/biz/ - Business & Finance

>>57486641
>MINIMUM of 20-40% down

The whole point of buying real estate is the ability to invest on leverage, you want to put as little down as possible because your cash will appreciate more in other markets.

>but muh PMI

Not even one percent of the loan value. I don't know why more don't pay it. You are far better off paying the PMI and investing the cash that you would have put down to avoid it.

On a 400k house you would need to put put 80k down and avoid PMI. Banks will still issue loans at 95/5, so instead you could put 20k down and pay $3800/year on PMI, while investing the 60k. The 60k will earn at MINIMUM 5% in the markets (1 year treasury - $3000/year), or 9% in S&P ($5400/year).

You then wait until you have 20% equity in the house (at most 5 years assuming 2% appreciation), and then you refinance to a lower rate and no PMI

>>55813688
Why would you sink capital into real estate at 5% when you can buy treasury bills at 5.5%?

Can someone explain what normies buying 5.5% treasury bills means for the economy? Every time these retards start buying something the shit crashes (BTC/GME), so how can I bet against this with my money?