Massachusetts Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
$20,000 Cash...What Do I Do?
Greetings All!
So here is the scoop. I have $20,000 cash and was thinking of investing in real estate somehow. The issue is I am not sure how to use that money in real estate. Do I become partners with someone and both of us invest cash and time and we get a return that we split? Or do I loan out just the cash and get a return on that? or should I buy a super cheap run-down fixer-upper? Maybe there is another path altogether, but that's why I am asking here. I am located in the Boston area.
IF anyone has any suggestions on how I can smartly go about investing this money, I am all ears. My goal overall is to make some kind of return on the money wether I own and hold onto a piece of the real estate or not.
Thanks!