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Updated over 2 years ago on . Most recent reply
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New to Texas, barely got 20%
Hi all,
Finally making the move onto rental properties. Although technically I’ve already sold a property (my home back in MA) I never thought about it as an investment, to me it was just selling a home. Seeing how well that investment turned out for me I know want to get into rental properties. I’m currently reading Brandon’s book on rental properties. And wanted to officially jump in the forum for further education.
and yeah I already have a question haha.
After all debt has been paid to zero, and all safety buckets filled, I have about 20% down for a 100k property left. Should I go forward looking for deals, or stack a bit more to have a padding and the 20%?
Thanks
Most Popular Reply
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- Rental Property Investor
- East Wenatchee, WA
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Quote from @Jose A. burgos:
Aall debt has been paid to zero, and all safety buckets filled, I have about 20% down for a 100k property left. Should I go forward looking for deals, or stack a bit more to have a padding and the 20%?
Tired landlords may be willing to seller finance. Consider that as a buying strategy as well as you continue to learn and save.