How Much Money You Really Need to Start Investing in Real Estate
Greg Kurzner discusses how much money is actually needed to buy a first rental property, emphasizing that most people lack clarity rather than opportunity and that vague money expectations cause either delay or risky shortcuts.
He breaks financing into key components: down payment, closing costs, and reserves. Conventional investor loans typically require 15–25% down and are often 30-year fixed; FHA loans can be 3–5% down for 2–4 unit properties if the buyer lives in one unit (house hacking); VA loans may offer very low or zero down for eligible buyers, also usable for multi-units with owner occupancy.
He also outlines DSCR loans, private money, hard money for renovations, and seller financing. He recommends six months of expense reserves for vacancies and repairs and previews a next episode on evaluating deals.
00:00 How Much To Start 00:45 Money Clarity Mindset
01:52 Down Payment Basics
02:53 Conventional Loans
03:29 House Hacking FHA VA
04:48 DSCR Private Hard Money
06:39 Seller Financing Options
07:23 Closing Costs Explained
08:43 Reserves After Purchase
10:24 Six Months Cushion
10:58 Define Buckets Next Steps
11:52 Wrap Up Next Episode
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