21 years old with $2000, what should I do?
Hey everyone.
I have no experience aside from the countless articles I have read online. I'm receiving money that my grandpa had left me in a CD, and I would like to reinvest it. I'm using some of it to eliminate my debt, anf will have about $2000 left to invest. I've looked at mobile homes, and found a couple under my capital, but with lot rent, theres not much profit. I thought about fast flipping and reinvesting until I got my desired capital. As seasoned investors, if you could be in my shoes what would you do to make the most of what you have? My goal is to eventually own a handful of multi-family properties and have them managed by someone else so that I have a very sturdy income and by the time I have children I can have all the time in the world for them.
Thank you