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Updated over 5 years ago on . Most recent reply

Buying First Rental Help
Hi BP Fam! I'm close to being ready to pull plug. I'm in California and looking to purchase my first rental in Sacramento, CA. I was thinking of going with a first time home buyer program, puttin a little down, and renting out, the typical way you know? Anything i should be aware of, do/don't do, lookout for, how much shoould i save up? Average down is about 7-15k. So I'd wanna have 15-20k for potential repairs or if i have it for a month before i put a tenant in. Any helpful tips appreciated.