New member from Portland

[Jake Mires]

I have about $15,000 and I want to start my career of real estate investing. What should I put this money to? Is this enough? Any tips or pointers on where to start?

[Matt Garboden]

I'll second Chris' input. I think the easiest way to accumulate properties with a limited budget is to buy an owner-occupied property, while looking at it as a future investment. Will it cash flow when you move out? Is it in a place that could appreciate? Is there any room to add value (cosmetic improvements, etc.)? It gives you the FHA option of a low down payment & nice interest rates compared to an investment property. Live in it until you have the down payment for another place to move into and rent the first one. Rinse and repeat.

Welcome to BP and best of luck.

MG