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 5 years ago on . Most recent reply

User Stats

10
Posts
5
Votes
Darryl Reed
  • Specialist
  • San Francisco, CA
5
Votes |
10
Posts

50k liquid... How can start real estate investing?

Darryl Reed
  • Specialist
  • San Francisco, CA
Posted

I have 50k liquid here in expensive San Francisco. How can I start real estate investing? Please help!

Most Popular Reply

User Stats

2,209
Posts
2,688
Votes
John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
2,688
Votes |
2,209
Posts
John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@Darryl Reed

I would invest out of state. Maybe pay cash for something and rehab it up. Then do a cash out refi on it 6 months later. I bought a property for 48k cash last September in ft worth. Rehabbed it up, rented it out for $1,400/month and it’s now worth 135k. Will do a cash out refi on it and pull out 75% of the appraised value. Then repeat. If you need a contractor in the DFW area, I can recommend mine.

  • John Morgan
  • Loading replies...