20k in saving. Go all out or save?

[Kavya Wadhawan]

Hello all

I am fairly new to the whole idea of real estate investing. I graduated from grad school last year and have been working for a year. I have saved 25k since I stated working. However I am not sure if I should invest the money in real estate as the mortgage rates are so low or save the money for emergency with the whole COVID situation. I am looking to invest either in Denver CO or Austin TX. 

What are your thoughts? 

[Sean M.]

@Kavya Wadhawan

I am new to RE. If I had the opportunity to start straight out of school I would house hack. My understanding is that there are incentive programs(insanely low interest rates), in some started, for 1st time buyers. If you go this route perhaps look at a reliable house without rehab. Study your market. Also listen to BP podcast 392 with Todd Baldwin. It’s insane to hear his story. But, there some awesome gems. Keep in touch. Would love hear how things go for you.

Sean