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My first investment property... How much do I need to buy in Southern California?

Whats a good strategy to buy my first investment property? I have about 40k saved but I also have about 40k in student loans. I was initially plannning on buying my first investment property in 2019 but Covid hit and ever since then home prices have continued to go up. I work a job that allows me to have a somewhat flexible schedule and work a lot of overtime so I was thinking about grinding for a while to save up enough to buy something but I'm not sure exactly how much I need to save. Having a goal would be helpful because I'm considering making a career change pretty soon but investing in property has always been one of my goals and I'm willing to stick it out in my current job for a bit longer if I can save enough to purchase my first property. I'm pretty much open to any property type.

submitted by /u/Fr3quency01
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source https://www.reddit.com/r/RealEstate/comments/qihk63/my_first_investment_property_how_much_do_i_need/
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