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Updated over 5 years ago,
Illinois 22 yr old with 5k cash.... Enough?
I'm 22 and just starting to get into real estate. I have read a few books and listened to a lot of BP. I plan to do much more research but I'm just curious if 5k of my own money is enough to start somewhere? I'm interested in BRRR/ flipping or preferably renting and holding.
I live in an illinois suburban town , hour outside of chicago.
Credit score about 720
I want to start as soon as possible, but I am afraid of losing money. I will start with the cheapest possible properties with the least risk.
Also wondering with how much money did everybody else start with...thank you