Down Payment 2019-06-04 08:00:00

Down Payment

Down payment is a payment used in the context of purchasing an expensive good or service, whereby the payment is the initial upfront portion of the total amount due and is usually given in cash during the onset of the purchase.

For example, in the context of commercial real estate, if the purchase price of a property is $1,000,000 and a lender will finance $750,000, then a down payment of $250,000 would be required.

 


Download our guide to real estate investing

Another Way To Own Investment Properties

Learn new ways to use real estate to pursue your wealth goals.

By providing your email and phone number, you are opting to receive communications from Realized. If you receive a text message and choose to stop receiving further messages, reply STOP to immediately unsubscribe. Msg & Data rates may apply. To manage receiving emails from Realized visit the Manage Preferences link in any email received.