Start in real estate with 15k
Hi I recently came up with 15k to invest. I've never invested in real estate and currently don't own a home. I have decent credit (low 700's) and 15k to put down. My "vision" is to purchase a multifamily (2 or 3) fixer upper. I'm not a contractor but have done things like finish attics so I'm handy. I also know I won't be able to do everything myself and expenses will be involved. I'm open to getting a loan to supplement any extra income I may need. Eventually I'd like to purchase more property with the income generated and repeat the process. I could pick and choose where I want to live as I would never be tied to a property because I could always rent it out and move into a new property. Does anyone think this is even possible? Or am I looking at this the wrong way. I'm not a person that quits easily and I will put in the leg work to get it done. Any help would be appreciated, thanks everyone.