Hey guys! We’re noobs here and looking to get our first investment property. We are doing a cash out refi to get about 60,000 to put into a property. We’re currently in Austin TX. We’d like to get a property in Leander/round rock area. We could get a decently nice 1,100-1,200 sqft home for about 280k. My question is, would 60,000 be enough to close on the home and get it at least up and running if it was nice enough when we buy? (Not including like 5-10k we would use of our own savings to furnish) link provided for a home for reference in the area. We’re super excited about this but feel a little down that it’s such a tough market.