First things first: The indisputable fact that you need to place 20 percent straight straight down on a property is a misconception. The typical first-time house buyer sets just 7 percent down.
And specific loan programs enable less than three % if not zero down.
Simply speaking, you really need ton’t think it is “conservative” to produce a big advance payment on a property, or “risky” to produce a tiny payment that is down.
The alternative does work.