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Updated about 5 years ago on . Most recent reply

Hilary Roberts's profile image
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Hilary Roberts
  • Member since Feb 16, 2021

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Hilary Roberts
  • Member since Feb 16, 2021
Hilary Roberts
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Starting Out

How would you invest 20K in real estate?

Hilary Roberts
Posted

I live in SoCal and am looking for ways to grow a small savings. It's not a lot, but it's also a lot for me. New to real estate investing, but am considering commercial over residential. How would you invest?

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Karl B.'s profile image
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Karl B.
  • Rental Property Investor
  • from Erie, PA
  • Member since Apr 23, 2015

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Karl B.'s profile image
Karl B.'s profile image
Karl B.
  • Rental Property Investor
  • from Erie, PA
  • Member since Apr 23, 2015
Karl B.
  • Rental Property Investor
  • Erie, PA
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Karl B.
  • Rental Property Investor
  • Erie, PA
Replied

When I lived in Los Angeles I had saved up around 25K and bought a 4-plex in my hometown of Erie, PA. 20% down. Paid 79K for it and used the money I had left to fix up the two vacant units (mainly some cosmetic damage, light plumbing work). 

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