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Updated over 12 years ago on . Most recent reply
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Fresh out of college and $7,00 saved up. Where you start in Real Estate?
Hey I'm currently working and from relocation bonus, graduation money, internship saving etc. I have saved up $7,000 for my real estate investing goal.
I already have a make up of the path I'm going to take to enter into Real Estate, but I am curious on what path people would choose (have chosen) if you were in my shoes. How far would $7000 take you?
Will give me perspective on what I still have left to achieve.
Thanks!
Most Popular Reply
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Mobile homes are a way to start and to build up reserves to get into larger properties. Read the book "Deals on Wheels" by Lonnie Scruggs. Take a look at the returns and see if it is something you want to get started on. Otherwise best you can do is to continue to save until have enough for a down payment on a house.