Having a larger deposit will not necessarily benefit you long term.
Many investors try to keep investment capital in their properties at a minimum.
The reason for this is that interest payments can be written off against your tax bill.
So by leaving more money tied up in the property and decreasing your interest payments you will also be increasing the amount of tax you pay.
In a growing market investors are not looking to make money from the short term rental income but are looking at the bigger picture and profiting from the long term increase in value of their investment.
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