Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

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?

Loading replies...