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Updated 4 months ago,

User Stats

25
Posts
15
Votes
Haiden Welch
  • Investor
  • Santa Clara, United States
15
Votes |
25
Posts

Minimum amout for starter investment?!?

Haiden Welch
  • Investor
  • Santa Clara, United States
Posted

Hi, My name is Haiden, and I'm looking to purchase my first residential investment property within the year.


I am in University and have my Real Estate License and am planning to work part-time as an Agent once I pass my exam to make connections and to keep learning about my San Jose/Santa Clara Market (plus hopefully increase my income).

I am saving all I make at my current job and am trying to understand at what point I can start looking to buy my first Property. 

Do you think I should focus on finding a partnership? What is the Minimum amount of capital I should have before I start looking for a property? Would I have trouble finding a loan? Should I focus on out-of-state investing? Am I better off focusing on doing a flip or wholesaling rather than doing a buy and hold?

I'm relatively new to real estate so any advice or insight means a lot.

Thanks in advance!

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