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Updated over 7 years ago on . Most recent reply

User Stats

15
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19
Votes
Kate Kratochvil
  • Real Estate Agent
  • Powder Springs, GA
19
Votes |
15
Posts

What can I do with $3,500?

Kate Kratochvil
  • Real Estate Agent
  • Powder Springs, GA
Posted

I have a real estate photography business, and I  save for taxes , and I was thinking about my small amount of savings  and possibly putting it to work  in the investment arena. I know it's a very small amount, but I was wondering if  I could somehow use it  as private money, I don't think it's enough to actually use for my own deal. I am planning to go into real estate  investing next year, right now I am self-educating. Can anyone recommend a proactive move I can make with $3,500?

Most Popular Reply

User Stats

447
Posts
62
Votes
Dustin Rose
  • Investor
  • El Dorado Hills, CA
62
Votes |
447
Posts
Dustin Rose
  • Investor
  • El Dorado Hills, CA
Replied

Hi Kate. I saw your post about your $3,500 and thought we could connect. One thing you could do is offer your $3,500 to help fund a down payment on a property and receive a Deed of trust recorded against the property. You could ask for $500 in 120 days. Do that 2-3 times over the course of a year and you could earn $1,000 to $1,500 on your $3,500 over the course of a year. I've done that with investors who have small amounts they are looking to invest and they always seem to love the return.

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