How Much Money Do I Need To Start Investing?
Beginner investors often want to know how much money they need to come up with when starting out…
A: Typically there is a no risk, refundable deposit to hold your investment. The rescission period will determine exactly how long that period is. Then the actual down payment is typically 5% to 20% and is usually very straightforward as chosen by you and your lender.
If you want to start out with a $150,000 property for example, plan on at least $7,500 down as a good place to start.
