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How much capital is a good amount to start investing?
Good morning! I haven’t bought my first property just yet, but I was wondering if $35,000 is enough to start buying a small single-family home in North Carolina. I found a lender that will cover the purchase and rehab, but I need to pay the closing cost, which is about 3–5%.
I would be using a DSCR loan since I don't have 2 years of work history.