How Much Money is Needed to Start REI

[David Sajous]

I am interested in starting in REI and I already started saving for it but I do not know how much I should save to start investing in my first property. I am thinking about starting my RE business in Orlando FL and I want to start with a SFH between 100-250k

[Tyler Gibson]

@David Sajous you are going to need 20-25% down payment and closing costs. The exact numbers will vary based on the purchase price. That didn't include if you need to make repairs. Expect 2-3% in closing costs