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Updated about 9 years ago on . Most recent reply

User Stats

85
Posts
22
Votes
John Blythe
  • Investor
  • Fishers, IN
22
Votes |
85
Posts

Starting capital

John Blythe
  • Investor
  • Fishers, IN
Posted

hey all,

curious as to know how much capital you started out with when you first began REI, particularly in relation to what your first property cost, the downpayment, and how things played out with it (cashflow, how quickly you recovered your investment, etc.)

thanks for any info!

Most Popular Reply

User Stats

174
Posts
51
Votes
Walker Seid
  • Investor
  • Boise, ID
51
Votes |
174
Posts
Walker Seid
  • Investor
  • Boise, ID
Replied

I started with a 40k down payment (36k down and 4k closing costs) and 5k for back up. I had to put 25% down. It was a 4b 2ba single family home.

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