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Updated 10 months ago on . Most recent reply
![Alex Clark's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2914015/1710001982-avatar-alexc972.jpg?twic=v1/output=image/crop=408x408@149x0/cover=128x128&v=2)
is it possible to put 70k down on a house in a cashflow or appreciation market?
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
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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.