How much can $5000 be stretched in Edmonton?

Question

Hi guys, heres the scenario:

I live in Edmonton, Alberta and I'm a 21 year old finishing up my first year in college and working part-time (unfortunately thats the only option for college students it seems).  I have been told by my credit card company (Bank of Montreal Mosaic Mastercard) that I have a lot of fame with them because I always pay my bills ahead of time and usually I round up and pay more then what I owe.  I Have $5000 in investments that can easily be recovered and I will be getting a summer job (not sure where a this point, trying to get an accounting internship).

Is there any way I can get in on the booming economy without dropping out of school and becoming a tradesman?

Bill Bowers · Answer

Hey there. I'm a Real Estate Agent in Edmonton. There are some great investment opportunities in the world of foreclosures you may be able to get into for $5000 down. When you are buying investment property you need to come up with a minimum of 25% down though.
Bill Bowers
MaxWell Realty Edmonton

N/A N/A · Answer

I don't understand what you are looking for exactly........a real estate investment opportunity? A quick flip opportunity?

Ricky Bobby · Answer

What was your question exactly? What do you want to do?

N/A N/A · Answer

Was hoping to get a little advice, Im not in any hurry right now but if there are things I can set in motion right now I would appreciate if people could "open my eyes" :).