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Updated over 5 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Marissa Perez
  • Dallas, TX
4
Votes |
13
Posts

Start with your own money or get a loan?

Marissa Perez
  • Dallas, TX
Posted

I really want to stop procrastinating and finally move forward with my career in REI. I'm currently working at a warehouse I'm 19 years old I have about 1000$ in savings still working on my credit but it should be very good in about 4 months. I guess my questions are how much money do you need to start investing? Do I take out a loan? If I take out a loan how much do I want to take out? I want to stick to a property that's less than 150,000 maybe I'll rent it out or fix/flip, single family. Would you suggest starting with my own money? How much should I save?

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