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Updated about 11 years ago,
how much should i save up??
Hi, I'm wanting to get into real estate buy buying a 2-4 multi unit here in Colorado springs sometime in the next few years. I was wondering about how much money should I have in reserves if anything happens, for a down payment and closing cost. I currently have about $7,000 saved up I was thinking about using as a reserves fund.
about how much do other people save up for a down payment? or put in a reserves fund for emergency?