I have $10,000 in savings. What can I do in regards to investing?

[Eric DeVito]

Hello all! Basically I purchased a SFH for $250,000 here in Staten Island, NY. I put $50,000 down and have been making all payments for the past year. I also have around $10,000 in savings. I live in this property, and I used a VA loan for it. What is the best way to get my next property? I want to buy&hold.

[Naum Raz]

For $10K in NYC you can't do a whole lot. But there are places near you in NJ and others where houses are really cheap and you can invest even with $60k bug a normal property. I am from Brooklyn and I have been doing that in NJ. If you need any help you can message me I"all be glad to help out.