Starting Out

[Jonathan Fischer]

A friend I want to dive into the real estate business, although we both have very little money. So we've decided to come to an agreement that we should each save $10,000, then put our money together and flip a house if possible. I know I probably sound pretty naive here, but we're both so interested just a little lost on where to start and what to primarily focus on at this point. SO to the point, I have a few basic questions -

-is $20,000 enough money to make a start in real estate? 

-would investing in a multifamily or flipping a house be a better first choice?

-any other basic pointers any one has to offer would be greatly appreciated,

Thanks a lot,

Jon