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Updated over 5 years ago on . Most recent reply

User Stats

40
Posts
17
Votes
Jennifer Jackson
  • Rental Property Investor
  • Austin, TX
17
Votes |
40
Posts

Best Investment Platform for 5k or Less?

Jennifer Jackson
  • Rental Property Investor
  • Austin, TX
Posted

Hi All--I currently have one six plex and it took all of our cash to purchase it. We now have a nice little emergency fund for the property and want to start investing the additional money so it can get some returns. We have about 5k we'd like to invest, and we'd like it to be accessible so we can use the money if another deal comes by, since the ultimate goal is to use this money for RE investments. We just don't want it sitting in a bank acct. 

My Q: Any advice on which platforms are the best for small amounts of cash, and offer short terms (such as 1 yr or less)? I've considered fundrise and lending club, but would love to hear everyone's experiences. 

I am not an accredited investor, which I'm sure is obvious, but thought I'd clarify anyway. 

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