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All Forum Posts by: Logan Davies

Logan Davies has started 1 posts and replied 1 times.

New Member Introductions

Post: Need some advice/opinions

Logan DaviesPosted
  • Posts 1
  • Votes 0

Hey everyone! I am 22 years old, currently a teacher and working PT at Lowe's. I make roughly $4000 net each month, and have been able to save minimum $2000 every month into a separate account for investing. I will have $25,000 by Oct/Nov this year, but I am wondering if I should just wait until May 2024 where I would have roughly $33-34,000. Trying to start small with a single family unit. I have experience with renting to tenants, and am steadily learning how to rehab on my own and at Lowe's. My only concern is if I am going to run out of funds before I can get a unit ready. I need to put 20% down on the property. Any thoughts/opinions?

0 Votes
Indianapolis, Indiana