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Updated about 8 years ago on . Most recent reply

User Stats

25
Posts
1
Votes
Jung-woong Han
  • Fort George G Meade, MD
1
Votes |
25
Posts

Starting flipping business with 30k?

Jung-woong Han
  • Fort George G Meade, MD
Posted

Hi, my name is Han, I am new to REI, and English is my second language so bare with me plz.

I am 39 years old with two kids and working as a chef.

I want to change my career to Real Estate field.

I need cash flow to support my family, so I am interest in flipping business.

I am saving money right now, I think I can save up to 30k.

Question is is it realistic start flipping business with 30k?

I know there are people started with no money but still had big success but some of their story sounds little too hard to replicate.

I know there is hard money option but it's high interest is little too heavy for me.

Do you think starting flipping business with 30k is good decision or there is better way to get in Real Estate field while I can make decent money for my family?

Thanks.

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