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Updated almost 9 years ago on . Most recent reply

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Ian Akash Morrison
  • Real Estate Investor
  • Los Angeles, CA
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Let's say you had $30,000 to play with

Ian Akash Morrison
  • Real Estate Investor
  • Los Angeles, CA
Posted

Let's say you're starting out, you have almost no experience in real estate investing but are now your own boss.  You've got $30,000 to play with.

How would you use that capital?


What markets would you look at? What strategies make the most sense to pursue?

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Linda S.
  • Investor
  • Richmond, VA
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Linda S.
  • Investor
  • Richmond, VA
Replied

With no experience, I'd find the cheapest turnkey property I can, and do a conventional loan where you put down 20-25% and start renting it out.    

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