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Updated about 10 years ago on . Most recent reply

User Stats

44
Posts
10
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Walter E.
  • Professional
  • Salem , OR
10
Votes |
44
Posts

I have a $65,000 dollars question

Walter E.
  • Professional
  • Salem , OR
Posted
I have a very generous employer willing to loan me $65,000 to buy my first investment property with little to no interest charge. He is in no hurry to get his money back right away. I'm thinking of buying a flipper and me putting up the money for repairs and sell it, or buying a 4 plex in need of repairs, fix it up, raise rents, etc is there any other ideas that I should be thinking about using this money to buy real estate? Thank you in advance, you guys are great! Happy Sunday

Most Popular Reply

User Stats

504
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395
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Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
395
Votes |
504
Posts
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
Replied

I always recommend starting with positive cash flow rental, to learn the ropes. Along with REIA, books.

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