Hi Steven,

I'm 23 and have just bought my first IP.

I needed to have 30k saved and an income of approx 50k to afford an appropriate property.

I don't have any other assets and I moved out of home into a rented apartment at the beginning of the year. Taking the first step and officially assessing your borrowing capacity with a financial advisor will give you the best idea of whether your situation can support an IP but know that it is possible and you don't need much to do it.

Good luck,

Emily