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Updated about 5 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Chase Woodard
  • Rental Property Investor
  • San Antonio, TX
5
Votes |
19
Posts

How to Invest $20,000

Chase Woodard
  • Rental Property Investor
  • San Antonio, TX
Posted

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

User Stats

49
Posts
18
Votes
Jason Dicken
  • Specialist
  • Indiana
18
Votes |
49
Posts
Jason Dicken
  • Specialist
  • Indiana
Replied
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.  

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