Newbie in rental property investor out of corona California

[Juan Carlos Garcia]

Hello my name is Juan Carlos Garcia

I’m new to the rental property investor and want to get the ball rolling

I’ll start of with my plan, what I want to do is buy a single family home, witch I’ll be a first time home buyer. My plan is to buy it for a really good deal and live in the Property for 1 or 2 years than rent it out and while I live in the house I could do some upgrades and refinance.

My question is since I’m a first time home buyer is it a good idea to put 20% down that way my monthly payment drops or should I put my money to fix up the house so I could rent it out?

Hope you guys could help and give me some tips on how to go about it I would really appreciate it.

Thank you