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66
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7
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Michael Rivera
  • Property Manager
  • Brooklyn, NY
7
Votes |
66
Posts

$15,000 to invest with Absolutely NO Credit, Please Help.

Michael Rivera
  • Property Manager
  • Brooklyn, NY
Posted

I have about $15,000 to work with but absolutely NO CREDIT or stable income. I'm 19 years old with NO Collateral as well.

What's a young man to do in this situation? Please help. Its would be greatly appreciated.

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22,059
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14,132
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,132
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22,059
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

@Michael Rivera nobody can answer this:

Any answer you get is just a guess. Past appreciation has little to do with the future. Many, many factors affect this, some local, some national, most unpredictable. IMHO, you shouldn't even factor it into your decisions.

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