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.
Buying & Selling Real Estate
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 about 8 years ago,

User Stats

132
Posts
51
Votes
Jonathan Beemer
  • Investor
  • Broken Arrow, OK
51
Votes |
132
Posts

if you had 20K? what would you do with it?

Jonathan Beemer
  • Investor
  • Broken Arrow, OK
Posted

Hi BP,
how would you invest your 20K?
with all the options in RE i want to see what you would do with 20K. 
my situation:
1. i will be stationed in the US in 10 months and will have 20K to invest.
2. i will need to live in what i invest in, whether that be 1 unit in a duplex, or the SFH i invest in.
3. i am not sure what loans i qualify for. i will find out when it gets closer to the time when i move.
4. i will try to use a VA loan (no down payment, etc.)

so would you split it up and put 10K as a down payment and 10K on rehab on a fix/live? sell when its time to move or rent it out when i move?
would you invest the 20K in a duplex? maybe even 15K and have 5K for rehab?
any other options you would advise on: please explain the reasoning.

thank you!

Loading replies...