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Updated over 7 years ago on . Most recent reply

Looking to invest 20k in a multi family, anywhere in US.
I have 20k to invest into real estate. I was hoping to get my hands on a 2bd per unit, 3 unit, rental property. If I only have 20k to Invest where should I be looking? I looked in Jacksonville ATL Raleigh.
Most Popular Reply

All of those markets are a little more expensive than others, but you aren't really going to find a triplex anywhere that you can use only $20k to buy. If you do find something that cheap, you should be extremely leery because there's a reason it's priced that cheap.
$20k would just barely get you a decent quality SFR in a lot of markets. Anything cheaper should come with a lot of caution.
Happy to explicate more if you want me to. Not trying to be a buzzkill.