Getting started with $50k / no debt?

[Holly Ross]

Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place financially, or a pipe dream? 

Do markets still exist where you can buy nearly turnkey rental property for $50k?

I've been taking in so much info that I'm in the analysis paralysis phase but I'm curious how someone more seasoned would get the ball rolling with just $50k cash today. 

Thanks so much for any insights you could share. I'm learning as much as I can and currently in the "i'll never be able to do this" phase (but giving myself a pep talk out of it!) 

[Bob S.]

Quote from @Holly Ross:

Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place financially, or a pipe dream? 

Do markets still exist where you can buy nearly turnkey rental property for $50k?

I've been taking in so much info that I'm in the analysis paralysis phase but I'm curious how someone more seasoned would get the ball rolling with just $50k cash today. 

Thanks so much for any insights you could share. I'm learning as much as I can and currently in the "i'll never be able to do this" phase (but giving myself a pep talk out of it!) 

 50k all in not a chance unless in the middle of BFE,