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Updated about 4 years ago,
$50,000 liquid money without a mortgage, where it is best to buy?
Hi guys im new here ..
I am an investor from Israel who is interested in making his first real estate investment in the US,
the maximum investment amount is $ 50,000
TARGET : Increase capital gain by at least 20% ( 10,000 $) , no cash flow in short term of maximum 4 months
I am not interested in finding tenants or renovating the property,
I want to take advantage of the situation where sellers currently want to sell and immediately and without waiting for buyers mortgage approvals, buyers also have difficulty getting a mortgage today because banks asking higher equity from 20% and etc
1. What are the ZIP CODES / CITIES that can best suit my goals? and why ?
2. Is it possible to achieve this goal in your opinion in the current market of USA ( COVID-19 ) ?
3. I would love to hear your opinion on anything I did not mention ..
I have no problem making the purchase remotely - I can find the tools to bridge this gap ,
I have no problem of time messing with it as much as it takes to achieve the goal I set
Thank you all