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Updated about 2 years ago, 10/13/2022

User Stats

22
Posts
12
Votes
Preston Patterson
  • Rental Property Investor
  • Pittsburgh, pa
12
Votes |
22
Posts

Zero Experience Newbie w/$15k cash to invest. Suggestions?

Preston Patterson
  • Rental Property Investor
  • Pittsburgh, pa
Posted

Hey all,

After reading a few books about real estate and business I think I found my calling. Still learning the vocabulary, but am a quick learner.

I have poor credit score, but a full time job for w2 income. I have no properties yet and still need to find local connections to get started.

I may have access to more capital through family, but right now $15k cash is where I am sitting right now.

Our house is in my wife's name. We would be willing to do HELOC for additional funds. We only have $40k in equity there currently.

Any advice is welcomed. Fire away!

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