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Updated 4 months ago,
Minimum amout for starter investment?!?
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!