Updated about 4 years ago on . Most recent reply
Overly excited newbie here!
Good morning everyone! My husband and I are so excited to begin our journey to financial freedom we can hardly contain ourselves but we are a little scared too. We both are in the medical field so this is definitely a learning adventure for us both. We could use all the advice we can get, especially with obtaining a smart first investment property. We have been trying to learn everything we can but we certainly don't want to make uneducated and poor investment choices.
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You're getting some good advice already...... As JD says, $20k is not a whole lot of money...but congrats for getting that saved up...! If you have basically no construction skills and not much time, you are going to need a good chunk of $ to buy anything except a turnkey property. Don't get in over your heads by taking on a property that you can't fix up....