What to do with $20k

[Braeden Henry]

I have $20k, how should I throw that money into real estate to make more than $20k in a short amount of time?

[Karl B.]

What I did with my first multi-family deal was buy a 4-unit for $79,000. 

I put 25% down (roughly $20,000) and got a loan for the rest. 

The place was half-vacant and needed some work, much of which I performed myself to keep the rehab cost low.

It's fully-occupied now - I've owned it for 3.5 years and I'm getting almost $2,000 in combined rent per month and my 10 year mortgage (property taxes and insurance baked in) is $874-something per month and so I'm cash flowing well after paying the minor expenses such as the water/sewer bill and the lawn care.

Look for a similar deal (where you buy a property at around $80,000) that has good cash flow. 

I'm cash flowing roughly 20K on the property in two year's time which I consider a short amount of time. Plus the loan only has another 6.5 years until it's paid off and I'm cash flowing even more. 

You're in a good area - find a good cash flowing property!