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Updated almost 4 years ago on . Most recent reply

Aaron Hudgins's profile image
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Aaron Hudgins
  • from 34743
  • Member since Aug 22, 2019
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Aaron Hudgins's profile image
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Aaron Hudgins
  • from 34743
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Aaron Hudgins
  • 34743
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Starting Out

Preparing to buy a house

Aaron Hudgins
  • 34743
Posted

I have 10 grand saved up is this amount of money just right or to little to get started in real estate ?

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Michael Dumler
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  • from Atlanta, GA
  • Member since Mar 20, 2020
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Michael Dumler's profile image
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Michael Dumler
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  • from Atlanta, GA
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Michael Dumler
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  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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@Aaron Hudgins you can take several avenues but I would recommend using that type of money as a down payment for house hacking. With an FHA insured loan you are only required to put down 3.5% of the propertie's value. Also, depends on your current postion and the market you reside in. What are your goals? Are you looking to invest in RE for the long haul or do you just want to make a quick buck? Feel free to shoot me a message, would love to help in anyway that I can.

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