I am interested in purchasing my first investment property. I am not a handyman whatsoever. I plan on getting a property manager. I have about $40,000 in cash to get started. My questions are: What price range house should I be looking for? Also, how much money down would you recommend putting on your first house (I am willing to leverage if I feel like it is a good deal)? I am not sure if I am even asking the write questions. Any suggestions would be greatly appreciated. Thanks and have a great day.
Candace and Dan,
Thanks for the replies. It sounds like a mentor is the first thing to start with. Candace, I will keep you in mind when I get started (hopefully sooner than later).
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