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Updated about 6 years ago on . Most recent reply

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Axelson John
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New to this, Im 22 I have around 50 grand, how to make profits

Axelson John
Posted

I’m 22 years old and I livin Texas I have some cash on hand right now now and I don’t wanna blow it, I want to do something in real estate or anything that has good returns please let me know, thank you!

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Marcus Auerbach
#4 Market Trends & Data Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
#4 Market Trends & Data Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

@Axelson John your best start is probably a house hack - buy a two or four family with an owner occupied loan and rent the rest. You may have money left if you can use a low down owner occupant loan; I'd save it and buy another one in 366 days.

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