Save the money and don't buy your male yet. It takes females 2-3 years to reach breeding size and only takes males 6-12 months. You can use the extra $400 from not buying the male now to upgrade the females you want. If you can get a decent deal I would recommend trying to get a couple nice 2 gene females.
Then in about a year you can start looking for the male you will want to breed to your females.