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Buying & Selling Real Estate

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Curtis Davis
  • Investor
  • Boston, MA
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Using $70,000 to buy one investment property or two?

Curtis Davis
  • Investor
  • Boston, MA
Posted Jun 10 2021, 09:27

Hello fellow real estate investors! My name is Curtis and I am currently researching how to enter into real estate investing. I have $70,000 to use for a down payment however, I cannot decide whether to split that up and buy two properties or use it all to buy a single property. I have been contemplating this question for quite some time and I thought it was time to turn to the wonderful BP community for advice. 

Where I currently live makes it difficult to buy a home for $70,000 as a down payment so I am stuck looking for real estate as a long distance investor. Some areas I am considering are Atlanta, Raleigh/Durham, Charlotte, Ohio, Alabama; but I am always open to suggestions!  Any insight or guidance that anyone can provide will be extremely beneficial and is immensely appreciated!

All my best,

Curtis 

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