How much should be saved before buying first rental
How much money should be saved before buying your first rental?
After some thought I think my first unit is going to be a SFH. They seem much easier to manage. After I get in and learn the basics I will buy a multi as my next.
With that said SFH's in my area range from 129-170k. How much will I need to have in cash down to get into my first investment?
I know 20% is general. But is there any way around this aside from FHA Multi?