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Updated about 6 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Tyler Crowell
  • Houston, TX
2
Votes |
5
Posts

I Have 10K . How can i get started in RE????

Tyler Crowell
  • Houston, TX
Posted

Hi BP Community!

This is my second post and i have already learned so much from all of you.

I have 10k (USD) Saved and am wanting to start investing. I am interested in buy and hold properties. Flips do not interest me as i have no clue what i would be doing, and i am also based in Australia for the next 14 months (university) but want to buy somewhere in the Houston area. 

Can i get started with 10k USD??? If so, HOW?

Thanks in advance!

Most Popular Reply

User Stats

2,081
Posts
856
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts
Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied

Keep the money and save.

Partnering up with someone you don't even know and you're on the other side of the world. Chances of this relationship working out...slim

When you come back, you'll have more cash. You can then vet people to see if they speak what they preach. Lot of people talk good game on forums. 
IF you don't find anyone you could then buy your own property with an FHA loan

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