Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

32
Posts
60
Votes
Alex Clark
60
Votes |
32
Posts

is it possible to put 70k down on a house in a cashflow or appreciation market?

Alex Clark
Posted

What market can I see any return with 70k down I look in a lot of places and hardly see any deals where would you guys recommend to invest with that amount down? Looking to get my first rental

Most Popular Reply

User Stats

7,603
Posts
9,495
Votes
Bill B.#1 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
9,495
Votes |
7,603
Posts
Bill B.#1 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
Replied

You forgot to put your location in your profile. There are a TON of tiny/small towns in MN where $70k will buy you a house outright that will definitely cash flow. Probably most of a duplex with a tiny loan. But if you don’t live in the Midwest, it isn’t for you. You’ll lose your shirt  

Don’t forget your alternative. You can put that money in the bank and earn $300/mo guaranteed. In today’s market, buying for cash flow is a fool’s errand.  If you aren’t appreciating, you’re losing money. 

Loading replies...