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Updated about 10 years ago on . Most recent reply

Scott Bossman's profile image
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Scott Bossman
  • Specialist
  • from Onalaska, WI
  • Member since Dec 14, 2014
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Scott Bossman's profile image
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Scott Bossman
  • Specialist
  • from Onalaska, WI
  • Member since Dec 14, 2014
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Scott Bossman
  • Specialist
  • Onalaska, WI
4
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Starting Out

If you were a rookie investor, what would you do with $60,000 HELOC?

Scott Bossman
  • Specialist
  • Onalaska, WI
Posted

I am a Physical Therapist, and I have a desire to break out from healthcare and start investing in real estate. I don't have a ton of money to tap into, but I will qualify for a $60,000 HELOC.

Do any of you gurus have advice for me?  

I've always wanted to flip a property, so I may start there.

Thanks!

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Lelith Walker's profile image
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Lelith Walker
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  • from New York City, NY
  • Member since Oct 16, 2013
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Lelith Walker's profile image
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Lelith Walker
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  • from New York City, NY
  • Member since Oct 16, 2013
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Lelith Walker
  • Investor
  • New York City, NY
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Lelith Walker
  • Investor
  • New York City, NY
Replied

You could do a flip or put it into a 1st position performing note.  Flipping is a job.

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