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Updated about 24 hours ago on . Most recent reply

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Keegan Mraz
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1st time Investment

Keegan Mraz
Posted

I'm very new to Real Estate and I wanted to ask what the best first time investment would be to start looking into? And how much approximately should I have saved up to do this? 

Currently I have invested into a franchise, and savings is low. But I have zero debt and have the ability to put some money away each month

All and any advice is appreciated! Thank you!

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Jaycee Greene
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Consultant
  • St. Louis MSA
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Jaycee Greene
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Consultant
  • St. Louis MSA
Replied
Quote from @Keegan Mraz:

I'm very new to Real Estate and I wanted to ask what the best first time investment would be to start looking into? And how much approximately should I have saved up to do this? 

Currently I have invested into a franchise, and savings is low. But I have zero debt and have the ability to put some money away each month

All and any advice is appreciated! Thank you!

Hey @Keegan Mraz, welcome to the BP Forum! What type of properties are you seeking, SFR, 2-4 MF, or 5+ MF? What is your price range/down payment amount? Are you looking for turn-key properties or something along the lines of a "fixer upper"? Are you looking for properties near where you live?

  • Jaycee Greene
  • [email protected]
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