Real Estate Agent · Roselle Park, NJ · Member since 2016 · 50 posts · 4 votes
I had a question for investors.
I have a background in real estate. So I want to invest in my first property. I have about 15k dollars to invest. Of course I would need a private money lender. But with this 15k what are some key things I should look for when I'm going to invest in my first property. So I don't lose out on my money. How can I keep the risk very low is a better way to put it?
Are you talking about flips or rentals? I put my first 10k down on a duplex. It averages a cash flow of about 500 a month. That seems like the safest thing I've done other than wholesaling.