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 4 years ago,
How much to save for first purchase?
How much is a good amount of money to save up to make a downpayment on a multifamily?
I would like to buy my first place soon but not sure what to set as a target number. I know each area would have its own market, but what would be a reasonable amount to save for a duplex in a decent area?
I'm currently a medical professional traveler, so I don't have a place to live permanently yet and am going to be moving to different cities/states over the next year at least 2-3 more times. Any recommendations for markets to check out would be appreciated as well!