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Updated over 5 years ago on . Most recent reply

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Michael Duke
  • Investor
  • Dallas-Fort Worth, TX
4
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Best way to start with 10k?

Michael Duke
  • Investor
  • Dallas-Fort Worth, TX
Posted

I live in Boise, Idaho and purchased a primary residence a few months back. I’ve been saving money and have about 10k at this point that I’m ready to invest in cash-flowing real estate. I’m looking at all property types in every market. Any suggestions?

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985
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Brent Paul
  • Rental Property Investor
  • Shakopee, MN
373
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985
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Brent Paul
  • Rental Property Investor
  • Shakopee, MN
Replied

Have you thought about renting your current house out and buying another with FHA for 3.5% down? Conventional also has a 5% down available. That will allow you to get a 200k house for 10k down.

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