Newbie start up questions

[Stephen Sparks]

Hello all, I'm new to the forum, and I wanted to ask a question. If this has been covered before, my apologies in advance. I am going to be inheriting ~ 70k - 90k. This will be my nest egg...or my investment egg, as it were. I have poor credit, and a family to support. I have been studying RE investing for many years and it is time to act, or will be soon. Can anyone offer suggestions . I'm not even sure what the right questions to ask are. I have to make this money count. Once it's gone, it's gone. I want to create something to leave my children. Any advice would be greatly appreciated, Best regards, S.Sparks

[Mike Hepburn]

Hello Stephen

70K is not a nest egg, unless you move to Bolivia. Keep your money in the bank for now. For 2K you can wholesale a deal, you never have to look at.

Inc. $1000.00 for post card marketing. Buyers and a seller.

$500.00 for EMD (up to a 50K house) and

$500.00 for Title Company Includes title search in some states)

Invest your profit and wholesale 2 deals. so on and so on.

Keep buiding this till you can buy and hold. You still have 68K in the bank.