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Updated over 5 years ago on . Most recent reply

User Stats

105
Posts
16
Votes
Kevin Powell
  • Fairfield, CA
16
Votes |
105
Posts

Buying First Rental Help

Kevin Powell
  • Fairfield, CA
Posted

Hi BP Fam! I'm close to being ready to pull plug. I'm in California and looking to purchase my first rental in Sacramento, CA. I was thinking of going with a first time home buyer program, puttin a little down, and renting out, the typical way you know? Anything i should be aware of, do/don't do, lookout for, how much shoould i save up? Average down is about 7-15k. So I'd wanna have 15-20k for potential repairs or if i have it for a month before i put a tenant in. Any helpful tips appreciated.

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