How much cash did you need saved to feel comfortable purchasing your first property?

[Isabel Anness]

I realize this question is incredibly vague and depends on a whole plethora of factors…

In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last May and would love to begin my real estate investing journey as soon as possible,  but struggling with landing on what I need saved up to feel like I am making a financially responsible decision.  With about 6 months of big girl work under my belt, I am trying to  build my liquid cash savings for an emergency fund, down payment, closing costs, etc. 

I would appreciate any and all thoughts on when you felt like you had “enough” to get started.  Thanks all in advance and looking forward to the discussion!