Saving to Purchase First Rental Property
I want to start renting out property. Possible a multi-family house. My question and concern is it possible to save 10,000 and purchase a house? Would this make sense to save this amount to buy a house outright? Yet, if I went to a bank and told them I had a down payment of this much would this help me get a loan. The problem is I do not have a job right now, but I do have a source of income. I think it could take me a few years to save up. I was hoping when the coronavirus is over I have some of it saved. I already have some of it. Do you think their a better number to save up?