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Updated about 7 years ago on . Most recent reply

Jay Trott's profile image
Jay Trott's profile image
Jay Trott
  • from Victoria, Texas
  • Member since Jan 29, 2018
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Jay Trott's profile image
Jay Trott's profile image
Jay Trott
  • from Victoria, Texas
  • Member since Jan 29, 2018
Connect
Jay Trott
  • Victoria, TX
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Buying & Selling Real Estate

Rookie advice for first time rental property

Jay Trott
  • Victoria, TX
Posted

My wife and I (newlyweds) are looking to purchase our first rental property in Victoria County. What is the minimum amount of money that you would ideally like to have in savings after putting down a 12-15% down payment on a home valued between $80,000-$100,000? We are targeting houses in this category that would require minimum upkeep. 

Thanks in advance! 

Jay

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