00:00The most common mistake I see people make when buying real estate is just being hell-bent on
00:04this idea of putting 20% down. The reality is, you really shouldn't put 20% down unless you
00:09absolutely have to. And here's the reason why. Because for every $10,000 you put down,
00:12it's really only lowering your payment about 50 bucks a month. So it's not really making
00:16that big of a difference. You're really better off keeping that money to pay off debt,
00:19make other investments, or just keep it before emergencies.
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