Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Brad Koegel
  • Astoria, NY
4
Votes |
13
Posts

How much to save for first purchase?

Brad Koegel
  • Astoria, NY
Posted

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!

Loading replies...