Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
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

Updated over 4 years ago,

User Stats

7
Posts
2
Votes
Jason Clark
  • Rental Property Investor
  • Atlanta, GA
2
Votes |
7
Posts

20% down, but not job...

Jason Clark
  • Rental Property Investor
  • Atlanta, GA
Posted

I have recently been furloughed due to the covid-19. I have enough in my 401k to put a 20% deposit down for a duplex in my city, but only getting unemployment right now. My rent is more than the mortgage would be. I found a duplex that’s a perfect fit for what I’m looking for. Should I wait until I’m working again or does it make sense to put the 20% down and start my real estate journey?

Loading replies...