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 over 7 years ago,

User Stats

4
Posts
6
Votes
Len Parks
  • Atlanta, GA
6
Votes |
4
Posts

New to investing. What type of property to buy?

Len Parks
  • Atlanta, GA
Posted

Hello everyone, 

I am brand new to investing and so I need help. This is a great site and Im lucky to have found it. Due to me being laid off of my job I am forced to look at another way to make a living. I have ALWAYS been fascinated with real estate and figured this is my time to "put up or shut up." I have about 6 months of savings in my account and about 75k to work with as seed money to get into real estate. My question is this. What is the best way to get into investing under my conditions? Is flipping the way to go for me as a noob with limited funds? Please keep in mind that I am very handy. My father was a carpenter and I pretty much know how to do most of the work. I know I would rely on a contractor, but I can definitely step up to do as much work as possible. 

If flipping is the best option, then what type of property should I look for? Auction, REI or some other type? I appreciate any and all answers and comments.

If it makes a difference I live in the Atlanta area, but I can also invest in the Chattanooga or Orlando areas. I know sometimes the area could make a big difference. Thank you so very much in advance...   Len

Loading replies...