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Updated about 5 years ago on . Most recent reply

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21
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3
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Alexis Marie
  • New to Real Estate
3
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21
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Best way to invest $ as a beginner

Alexis Marie
  • New to Real Estate
Posted

What would be the best way of investing $15-20k as a beginner who's never invested before, to get the most return & make way for future investments? Right now I'm mainly focused on rental property (single family but also I'm thinking of mobile home parks or small multifamily duplex or 4-plex), but I'm open to hearing other options. I want to invest wisely while setting myself up to grow a portfolio successfully.

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2,512
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
2,461
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2,512
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

You should look into a house hack. Depending on where you live and what area you're buying in, that 15k-20k might be enough for a down payment. Combine that with down payment assistance and seller concessions, you might be able to get into a property for not too much out of pocket.

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