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Updated about 2 years ago on . Most recent reply

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Kyle Barnhart
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13
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20k to Invest

Kyle Barnhart
Posted

I have some money saved up and looking to invest. Are there any areas to invest in with 20k?

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161
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Najma Osman
  • Real Estate Agent
  • Columbus, OH
217
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Najma Osman
  • Real Estate Agent
  • Columbus, OH
Replied

Hi @Kyle Barnhart, if you live in a market with lower price points you may be able to house hack with 3-5% down. However, starting out with 20K will be difficult to get into most markets. Even if it is enough to cover your down payment and closing costs, you want to have extra capital to cover a few months of rent or put work in the property if it needs it. 

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