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Updated almost 8 years ago,

User Stats

40
Posts
9
Votes
Terrill Clark
  • Minneapolis, MN
9
Votes |
40
Posts

Where to start with $10,000?

Terrill Clark
  • Minneapolis, MN
Posted

Hello Everyone!,

I want to start my real estate career and I'm not too sure where to begin. I'm in Minnesota and I've been browsing homes for sale on realtor.com, zillow & trulia. From what I gathered so far in my learning, if I want to flip a home I should look for something relatively low. I search for homes in the $60,000-$150,000 range but seem to mostly find condos/townhomes and apartments.

If you were me & had $10,000 to start with, would you go the buy/hold route with rental units? Or would you open the range a bit, find a house and go for the flips?

Any advice or links to good articles would be appreciated!

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