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Updated over 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Holiday, Florida
  • Member since Jun 13, 2018
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Holiday, Florida
  • Member since Jun 13, 2018
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Account Closed
  • Holiday, FL
4
Votes |
30
Posts
Foreclosures

How Would You Invest 30K starting out?

Account Closed
  • Holiday, FL
Posted

My friend has $30k to invest in real estate.  I told him I would make this post to the fine people of BP and see where it goes!  

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Sean Carroll's profile image
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Sean Carroll
  • Investor
  • from San Jose, CA
  • Member since Mar 15, 2017
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Sean Carroll's profile image
Sean Carroll's profile image
Sean Carroll
  • Investor
  • from San Jose, CA
  • Member since Mar 15, 2017
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Sean Carroll
  • Investor
  • San Jose, CA
254
Votes |
453
Posts
Sean Carroll
  • Investor
  • San Jose, CA
Replied

@Account Closed I would take that 30K and use a hard money loan to flip a house take the profits and invest in a rental property, what is left over goes back into the "flipping fund". Rinse and repeat. If you want you can PM I can send you an article that shows a pretty good plan for this question 

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