$22k newbie not wanting to borrow money

[Tia Redford]

I have about $22k and I don't want to use a lender.  Should I try to invest now or wait till I can save more?  Where should I look for deals?

- in Bexar Co. TX

[Brandon Miller]

With 22k I would recommend getting in touch with a few Hard Money Lenders, Private Lenders, or forming partnerships with people and leverage each other. You can do this by attending meetups in San Antonio. 

Buying a home all cash does not make much sense to me unless you have a ton of it. For one, you will be married to that house and that house only until you sell it. What happens if something goes wrong and all your cash is tied up? Second, the opportunity cost of waiting around until you have 200k is tremendous. You won't be able to do a single deal for years if you are on a fixed income.

Debt is not a bad thing when using it to make money. If you'd like, I can put you in touch with a few Hard Money Lenders I deal with daily. 

Have you thought about doing a few wholesale deals to gain quick capital, then move into flipping / rentals?