Is 11k enough to start investing?
I'm senior in high school and have a little over $11,00 in my bank account. Id love to get into the real estate business as young as I can! Any suggestions on how I could start? Thanks
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Use your money for marketing and get a deal yourself at 70% of ARV. A hard money lender will finance the whole thing and you should only have to come out of pocket a couple grand to make it happen. Work a deal with your contractors to pay some of them a little late and use some of the money you get from your construction draws to make your monthly payments. This is how i did my first deal! Make it happen!😉