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Updated almost 6 years ago,

User Stats

8
Posts
2
Votes
Bryan D.
  • Central Florida
2
Votes |
8
Posts

How to start investing in real estate with seed money.

Bryan D.
  • Central Florida
Posted

I'll start by saying hello to all of you. I am 44 years old and for the third time I am losing my job. I have lived in NY, AL, SC & FL chasing work. I have always wanted to be a real estate investor but never quite made the launch. I have read several books however that is not actually doing it. I am single with no children and have no roots which gives me a lot of flexibility on how to start this journey. Between what I have made in the market and the future sale of my home I should have a solid $200,000 in seed money and my credit is excellent (however this will drop with the job loss and change of address). My question is...

1.   What is the best avenue to make owning real estate my full time job and quit working for someone else? I like the thought of buying a million dollar complex but not sure how ignorant I am as far as would the loan company even consider me for this with no experience? Or would my seed money not be enough to get that off the ground? 

Not afraid of research in fact I love researching but not sure where to start. I really want to hear from the pros. as you have been here and have great experience. Thank you to all in advance for any guidance you can give me.

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