New to Texas, barely got 20%

[Jose A. burgos]

Hi all,

Finally making the move onto rental properties. Although technically I’ve already sold a property (my home back in MA) I never thought about it as an investment, to me it was just selling a home. Seeing how well that investment turned out for me I know want to get into rental properties. I’m currently reading Brandon’s book on rental properties. And wanted to officially jump in the forum for further education.

and yeah I already have a question haha.

After all debt has been paid to zero, and all safety buckets filled, I have about 20% down for a 100k property left. Should I go forward looking for deals, or stack a bit more to have a padding and the 20%?

Thanks 

[Steve Vaughan]

Quote from @Jose A. burgos:

Aall debt has been paid to zero, and all safety buckets filled, I have about 20% down for a 100k property left. Should I go forward looking for deals, or stack a bit more to have a padding and the 20%?

 

Congrats on being out of debt with safety buckets, Jose. That's huge.
Tired landlords may be willing to seller finance.   Consider that as a buying strategy as well as you continue to learn and save.