Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 about 1 year 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

7,775
Posts
9,648
Votes
Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,648
Votes |
7,775
Posts
Bill B.#3 1031 Exchanges 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...