Initial investment for Turnkey
Hello all.
I am new to real estate investing and have been considering a turnkey investment. I have a full-time job which requires me to put in minimum of 50 hours a week. I really like my job but would also like to have another source of income.
I contacted one of the TK investment companies this week and I was told that a good initial investment would be about $30,000 for a $110-$120 property.
Currently, I do not have this capital for investment. Is there a specific percentage you need to have to invest in TK?
Thank you.
Ankith.