Updated almost 3 years ago on . Most recent reply
Need some advice/opinions
Hey everyone! I am 22 years old, currently a teacher and working PT at Lowe's. I make roughly $4000 net each month, and have been able to save minimum $2000 every month into a separate account for investing. I will have $25,000 by Oct/Nov this year, but I am wondering if I should just wait until May 2024 where I would have roughly $33-34,000. Trying to start small with a single family unit. I have experience with renting to tenants, and am steadily learning how to rehab on my own and at Lowe's. My only concern is if I am going to run out of funds before I can get a unit ready. I need to put 20% down on the property. Any thoughts/opinions?