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Updated over 2 years ago,
How to Start off in Real Estate with $20k
Hi I am a 22 year old and I currently run a fairly successful clothing brand and I do that full-time. I want to expand my business portfolio by breaking into the real estate business. I just don't know how to start off with $20k. I know that I want to buy property in Phoenix or Tucson. The population here is growing since a lot of Californians are moving out of California to AZ, TX, and other more affordable states. Plus Tucson has a very popular University. Please if anyone has any advice on how to start off with $20k I would very much appreciate it. Currently im thinking of just taking out a mortgage and buying like a duplex or a house and just renting it out? Is that a good way to start off or would you start off differently?