Funds for Investment Properties
Hello BP community. I’m actively searching for my first investment property, which I plan to househack. I’m looking for advice on where to pull funds from for my first deal. I am pre-approved with a lender, but I’m wondering if investors typically keep liquid money in a savings account or money market fund for deals? And which percentage of your portfolio do you keep liquid? Trying to decide if I should be liquidating other assets in my portfolio, or perhaps it’s best to put a small percentage down on the down payment and keep as much of my own money as possible. Thanks in advance!