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Updated almost 6 years ago on . Most recent reply

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Leslie Eason
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How do you know that you saved enough to purchase your 1st prop?

Leslie Eason
Posted

I am a real estate agent just starting out and I would

Like to know as a want to be investor, how much do you recommend I save for my first Property?

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Find out how much money you can borrow.  Then save up the down payment for that amount.  If the bank will lend you $80K, you save $20K and buy a house for $100K with the 20% down payment.

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