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Updated over 5 years ago,
Different avenues for establishing initial capital
New to all this and I have a general understanding to the concepts which is the first step.
My biggest hurdle at the moment is generating enough capital to get the ball rolling.
Any suggestions on how to boost capital in a reasonably short amount of time (over the course of a year) besides just saving money from work?
My first thought was to buy a house/duplex and charge rent, put the profit from rent away with money from work, then sell the house for a decent upside.
Factors would include getting a good deal in the first place but as of now, I would still need traditional financing to do so.
Any and all suggestion would be helpful and appreciated.
Thank you in advance!