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Updated over 9 years ago on . Most recent reply

Real estate investing
I have a question that maybe you can help me with, I 've successfully flipped a few homes
years ago before it was even called flipping but my wife and I were employed with full time
jobs. My wife and I are currently disabled and our incomes are derived from being retired.
Can we invest in real estate if we live on a fixed income ?
Most Popular Reply

Hi there,
You may want to consider learning about tax lien deals. You could plausibly purchase a tax lien property for under $10K without the need for financing. You can then either flip and sell or flip and hold.
If you have a bit of capital, you may want to look in the investor marketplace for low-cost deals in bargain cities such as Cleveland, Memphis, Milwaukee or Memphis. If you can locate a quality property manager you can easily invest from out of state.
Good luck!