Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago on . Most recent reply

User Stats

24
Posts
18
Votes
Sarah Ali
18
Votes |
24
Posts

What strategies do you recommend for the following budgets?

Sarah Ali
Posted

Keep reading that to start investing you need money. But what if you have limited funds, even after budgeting, saving, etc, and will continue to have limited funds for the foreseeable future?  SHould you just not get into RE then?  Seems like there has to be options that are relatively low(er) risk and can provide a foot in to start growing funds.

Here are some possible budgets and I'd love your input on how you would start out at some or each of these price points:

$10K, 20K, 30K, 40K, 50K, 60K.

  • Sarah Ali
  • Most Popular Reply

    User Stats

    4,410
    Posts
    2,354
    Votes
    Wale Lawal
    #2 New Member Introductions Contributor
    • Real Estate Broker
    • Houston | Dallas | Austin, TX
    2,354
    Votes |
    4,410
    Posts
    Wale Lawal
    #2 New Member Introductions Contributor
    • Real Estate Broker
    • Houston | Dallas | Austin, TX
    Replied

    @Sarah Ali

    Real estate investing offers various strategies for limited funds, including house hacking, crowdfunding platforms, wholesalers, lease options, turnkey rental properties, partnerships, and small commercial properties. Loans from the FHA, online investment groups, middlemen, rent-to-buy deals, ready-to-rent homes, and borrowing from private lenders can cost less at the start, grow in value, and give you a steady flow of money. Smaller office or shop buildings might bring in more money but need you to know more about running them. The BRRRR method is when you buy a fixer-upper, fix it, rent it out, refinance it, and then do it all over again. Starting with little steps and going slow can help you learn and gather more cash.

    Good luck!

    Loading replies...