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Updated over 10 years ago on . Most recent reply

User Stats

105
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Pedro Oliva
  • Investor
  • Chicago, Il
9
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105
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With $5k to invest am I out of my league?

Pedro Oliva
  • Investor
  • Chicago, Il
Posted

Ive got $5k to invest that if I lose I would fine without the money. With most conventional loans requiring 20% down, am I just completely out of my league in thinking that I can start investing in real estate? Is there anything that I can reasonable do with the small amount of money out of pocket?

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,260
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

If 5k. Is your starting amount I'd check into a crowd funding site or perhaps find a like minded individual with the same amount.

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