Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Nicholas Lisauskas
  • Investor
  • Aurora, IL
1
Votes |
8
Posts

$25K in the bank - How should I start investing?

Nicholas Lisauskas
  • Investor
  • Aurora, IL
Posted

Hello -

I am really interested in beginning to invest in real estate particularly multi-family properties. I have about $25k in the bank. Has anyone started with about this much money and have any advice on the best way to begin your investing career? Things you would do differently? Any general investing advice? Looking forward to being an active part of this community.

Most Popular Reply

User Stats

10,254
Posts
16,115
Votes
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,115
Votes |
10,254
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I would probably go back and house-hack a 2-4 unit plex.  Live in one unit and rent out the other(s).  Move a year or so later and do it again.

Residential owner-occ loans are awesome.  Do you have family and such that might prevent this strategy from being viable to you @Nicholas Lisauskas?  

Whatever you do, just keep it simple.  Welcome and congrats on saving a nice chunk of change!

Loading replies...