<prompt> Human: Interested in a small condo well below my budget. If I move Ill easily be able to rent it out. Its a newer construction so I wont need repairs. Cost of condo- 92,000Money I have saved - 35,000Should I increase my 20 down payment or does it not make a difference at this price. Should I negotiate this price when it is already so low for the property? Maybe negotiate down to 86,000 and see if theyll pay closing costs etc to keep it under 90,000I know none of this is a huge difference just curious if just going in ok to pay the full price is stupid. Thank you for your help  <response>: If I move Ill easily be able to rent it out. Be careful. A lot of condos do not allow rentals, and if they do they can always update the bylaws and remove your ability to rent the place. They may do this because lenders will not loan on associations with high non-owner occupant rates. 