Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 4 years ago, 07/28/2020

User Stats

5
Posts
1
Votes
Gene Corchado
  • Flipper/Rehabber
  • Waterbury, CT
1
Votes |
5
Posts

Start in real estate with 15k

Gene Corchado
  • Flipper/Rehabber
  • Waterbury, CT
Posted

Hi I recently came up with 15k to invest. I've never invested in real estate and currently don't own a home. I have decent credit (low 700's) and 15k to put down. My "vision" is to purchase a multifamily (2 or 3) fixer upper. I'm not a contractor but have done things like finish attics so I'm handy. I also know I won't be able to do everything myself and expenses will be involved. I'm open to getting a loan to supplement any extra income I may need. Eventually I'd like to purchase more property with the income generated and repeat the process. I could pick and choose where I want to live as I would never be tied to a property because I could always rent it out and move into a new property. Does anyone think this is even possible? Or am I looking at this the wrong way. I'm not a person that quits easily and I will put in the leg work to get it done. Any help would be appreciated, thanks everyone.

Loading replies...