Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Can it be done?
Hi everyone! I'm a brand new baby beginner but I'm doing my homework on bigger pocket, podcast and I read the beginners guide to real estate but I have a more specific question. I have $25000 sitting on a CD until 2016 I'm planning to buy a rental property with the money ($100,000) or less in the Miami area and fix it up to rent it out, I am planning to start real estate investing with a buy and hold property, I just wanted to know if $25000 is enough to put down on my investment property and my house (I am also planning to buy a house for me to live in) any advice would be greatly appreciated! Thanks