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 6 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Luis Pirela
  • Salisbury, MD
0
Votes |
2
Posts

10k to invest, real estate? Or mutual fund?

Luis Pirela
  • Salisbury, MD
Posted
I am currently working full time and I have saved up 10k that I am able to invest. Some background on me, I am fairly new to real estate investing and I am still learning, 25, and I work full time. Ive been learning as much as I can and feel lIke Im ready to get my first deal done. With that being said I would like some feedback on what to do next. Should I invest in real estate? Or wait and put my money in a mutual fund and wait to have more money to invest?

Most Popular Reply

User Stats

352
Posts
193
Votes
Benjamin Seibert
  • Investor
  • Frederick, MD
193
Votes |
352
Posts
Benjamin Seibert
  • Investor
  • Frederick, MD
Replied

Hi Luis. I would recommend continuing to learn and building up your savings. You can start networking and contacting realtors, contractors, property managers, etc... to build your "Core 4." You could also try to find another person to partner with on a deal, where you have to bring little/no money and just put in sweat equity. $10k, depending on the investment type, is still slightly low for purchasing a passive rental property. Even properties that are usually $40k-$50k will usually require some extra capital for repairs (as well as closing costs).

Loading replies...