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Sunshine Chow
  • SoCal
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Newbie - How should I save to fund my first investment?

Sunshine Chow
  • SoCal
Posted Jun 5 2018, 08:21

Hi everyone! I'm an investor newbie and would love to start my real estate investing journey with flipping houses. I currently work a 9-5 job M-F and my husband and I own our home. I was wondering how much we need to save up to dive into our flip? I read about a bunch of creative financing ideas including taking out a HELOC, private loans, or hard money loans, but it sounds pretty risky to completely leverage my first deal. Especially since property in the OC/LA area is so expensive. How did you fund your first few projects?

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