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 14 years ago on . Most recent reply

User Stats

27
Posts
1
Votes
Chris Yeung
  • Investor
  • Santa Clara, CA
1
Votes |
27
Posts

Starting out with cash and decent credit

Chris Yeung
  • Investor
  • Santa Clara, CA
Posted

For those new investors or people trying to get back in, what are some good ways to get started in Real Estate Investing with approximately 20K to work with and a credit score over 720?

Most Popular Reply

User Stats

391
Posts
257
Votes
Chris L.
  • Investor
  • Fort Wayne, IN
257
Votes |
391
Posts
Chris L.
  • Investor
  • Fort Wayne, IN
Replied

Chris,
I would estimate that it would be a tough road for you to go full time right now. I would recommend that you look for work.
20K will not go very far.
I have not found that real estate is a get rich quick proposition.
You might be able to make that happen but I think most of the posters here would tell you to be a little more conservative and build a business for the long haul.
You will need to generate cash so wholesaling or flipping are probably the immediate skills that you want to master.
Good luck
Chris

Loading replies...