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Updated about 5 years ago,

Varinder Kumar's profile image
Varinder Kumar's profile image
Varinder Kumar
Pro Member
  • Realtor
  • from LA & ORANGE COUNTY CA
  • Member since Apr 4, 2016
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User Stats

352
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128
Votes
Varinder Kumar's profile image
Varinder Kumar's profile image
Varinder Kumar
Pro Member
  • Realtor
  • from LA & ORANGE COUNTY CA
  • Member since Apr 4, 2016
Connect
Varinder Kumar
Pro Member
  • Realtor
  • LA & ORANGE COUNTY CA
128
Votes |
352
Posts
General Landlording & Rental Properties

$30K to invest, any suggestions?

Varinder Kumar
Pro Member
  • Realtor
  • LA & ORANGE COUNTY CA
Posted

I have $30K cash and I would like to park my money into an investment. I was thinking maybe a SFR, which would put my PP at $350K, considering that would be a 5% down conventional loan which would put my payment at $2400 or so and considering market rents are around $2500 or more in that area it would make me a great investment. Any feedback on this would be greatly appreciated. Thanks!

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