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 over 8 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Nicholas Lisauskas
  • Investor
  • Aurora, IL
1
Votes |
8
Posts

$25K in the bank - How should I start investing?

Nicholas Lisauskas
  • Investor
  • Aurora, IL
Posted

Hello -

I am really interested in beginning to invest in real estate particularly multi-family properties. I have about $25k in the bank. Has anyone started with about this much money and have any advice on the best way to begin your investing career? Things you would do differently? Any general investing advice? Looking forward to being an active part of this community.

Most Popular Reply

User Stats

10,252
Posts
16,111
Votes
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,111
Votes |
10,252
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I would probably go back and house-hack a 2-4 unit plex.  Live in one unit and rent out the other(s).  Move a year or so later and do it again.

Residential owner-occ loans are awesome.  Do you have family and such that might prevent this strategy from being viable to you @Nicholas Lisauskas?  

Whatever you do, just keep it simple.  Welcome and congrats on saving a nice chunk of change!

Loading replies...