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Updated over 6 years ago on . Most recent reply

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4
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1
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Dillon LeRoy Pollard
  • Rental Property Investor
  • Pensacola, FL
1
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4
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Real Estate Investing

Dillon LeRoy Pollard
  • Rental Property Investor
  • Pensacola, FL
Posted

I’m looking to get started in real estate investing in need your help! I don’t have much money to put down but I do want to start saving for my first move. What should my first movie? How much money do I need to save up?

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379
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Matt Jones
  • Real Estate Agent
  • Pensacola, FL
307
Votes |
379
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Matt Jones
  • Real Estate Agent
  • Pensacola, FL
Replied

Pensacola is a great market for house hacking. Look for a 2-4 unit property and buy it FHA or VA(if you are eligible). Even a moderately priced single family house and renting rooms can act as a springboard for your financially. Since you are in the business be patient and wait for the right property to come along that you can buy with a low down payment but get a good enough deal that you still have solid equity.

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