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Updated almost 8 years ago,
New Investor in Washington DC
Hey BP,
I have been following the community and trying my best to read more about real estate and rental property investing. Come September, I will be living in DC full-time (I am currently a college student) and want to make some early investments. I estimate that I will have approximately 10-15k to invest in a rental property outside of the property I will be living in (for simplicity assume I cannot use an FHA or invest using owner-occupied means). Are there feasible investments out there where I could pay such a low down payment in such an expensive area (Arlington/DC)? If not, would you recommend I do things like wholesaling to get more money and invest later? Overall, I'm looking for any particular strategies or directions you would recommend for someone in my situation. Thank you so much for your help and insights!