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Updated almost 10 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Jonathan Pantages
  • Fresno, CA
5
Votes |
15
Posts

$5000 to invest

Jonathan Pantages
  • Fresno, CA
Posted
I have approximately $5000 to invest. It's not a lot but I want to get into the game soon. Any advice on the best course of action to invest that small amount of cash?

Most Popular Reply

User Stats

160
Posts
76
Votes
Bill Regan
  • Investor
  • Baltimore, MD
76
Votes |
160
Posts
Bill Regan
  • Investor
  • Baltimore, MD
Replied

Look into "house hacking" where you buy a 2-4 unit house with an FHA Backed loan that requires a low percentage down. Then you can live in one unit and rent the others. Great experience in home ownership, landlording, and you can live for free! Save up some money and move on to the next one!

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