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Best way to get into investing with less than $1000?
Hey! I’m new to investing and want to know how I can jump in to investing after learning all I can and finding a great deal… what if I only have less than $1000 to my name… how do I creatively finance the deal, and current and future costs throughout closing the deal and beyond? It makes me nervous to jump into investing with so small of a safety net. Any recommendations or experiences you can share to ease my concerns?
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Nathan Gesner
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That $1,000 should be your personal emergency fund: car breaks down, lose work, need to travel for a funeral, etc. You technically don't have anything saved to start investing with.
I would start by networking with other investors. If you have a decent personality and brain, you can eventually latch on to someone that's willing to partner with you or mentor you in exchange for some work you can do for them.
I would start by networking with other investors. If you have a decent personality and brain, you can eventually latch on to someone that's willing to partner with you or mentor you in exchange for some work you can do for them.
- Nathan Gesner
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The DIY Landlord Book
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