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Updated almost 6 years ago on . Most recent reply

User Stats

81
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38
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Mike Celli
  • Washington, DC
38
Votes |
81
Posts

Real Estate Investing

Mike Celli
  • Washington, DC
Posted

Looking to get an idea of the total amount of cash I should conservatively have in hand for my first investment. Without house hacking, I'm thinking I'd need 25% down, closing costs, and 6 months of carrying costs (PITI and maintenance). I know some would say I don't need 25% or the 6 months but I am trying to come up with the most conservative numbers. Thanks.

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