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Updated almost 6 years ago,
New to real estate. 100k to invest.
Hello,
I am new to Bigger Pockets and new to real estate investing in general. Without going into too much detail, I have 100k to invest and am considering purchasing a rental property as an alternative investment to the stock market. I already have a few hundred thousand in the stock market and am becoming convinced that over the long term using the 100k on a rental property could be a better investment. So I wanted to put this question out there. If you had 100k to use for a real estate investment how would you get started? Would you purchase one property and use most or all of the $$ as a down payment. I live in Chicago. Would you focus on Chicago properties? Out of state properties? SFH or multi family? Any/all thoughts are very much appreciated.