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Updated over 6 years ago on . Most recent reply

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Peter Knox
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New Investor Looking for Advice-Can I Invest in my Situation?

Peter Knox
Posted

Hey there,

I'm brand new to investing in real estate and thinking about getting into multifamily properties.

I'm looking for some advice from people who know what they're doing and was hoping that someone may be able to help me here.

I've done some homework and educated myself to a point but I don't know anyone with real estate knowledge so I keep telling myself it can't be done (hopefully someone on here will tell me otherwise)

Here is my situation: 

$300,000 in equity from a Single family residence

$100,000 cash to invest

No limitations on which state to buy in 

Thanks,

Peter Knox

Most Popular Reply

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Jeff Greenberg
  • Real Estate Consultant
  • Camarillo, CA
1,387
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Jeff Greenberg
  • Real Estate Consultant
  • Camarillo, CA
Replied

@Peter Knox what are your goals.  A clearer understanding of what you expect to gain from RE will help us give you advice.  What we might do in your situation might be much different depending on our goals.

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