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Updated about 5 years ago on . Most recent reply
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How to Invest $20,000
Hey Guys,
I’ve been saving up some money to put a down payment on a property but I’m really new & not sure if I should wait for more as this is just enough for 20% down & doesn’t leave much head room. I have another several thousand in savings if needed but not much for repairs.
I want to get started immediately but don’t want to make the mistake of jumping in too early and not having enough capital.
Any advice helps! Thanks.
Most Popular Reply
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Originally posted by @Romel Sanon:
@Jason Dicken
Why ? Please
I figured that since he had 20k he could buy a cheap rental that already has a tenant in it to start small under 20k and also have a passive income until he banks more money to either sale or upgrade to something different.