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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateHow much capital should I have saved to start investing in rentals???
Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
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Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
Connect
Mike Nelson
  • Wholesaler
  • Washington, D.C
94
Votes |
449
Posts
Buying & Selling Real Estate

How much capital should I have saved to start investing in rentals???

Mike Nelson
  • Wholesaler
  • Washington, D.C
Posted Sep 30 2011, 06:18

I'm pretty new to REI but my question is, after wholesaling a couple of deals, how much should I have saved up in the bank to purchase my first rental?

I've already done a little research on rental properties and I'm aware of the ROI on your initial investment as well at the 2% rule.

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