$5000 to invest what would you do?

[Garfield Thompson]

If you only have $5,000 to invest into real estate. What would you do being a newbie?

[Tauschus White]

@Garfield Thompson

For Statement purposes, Let’s just Say You want to invest in Real Estate and you only Have a total of $5,000 with No Reserves, No Syndication, Seller Financing, or any Similar Opportunities Available .

It’s hard to create a deal that will bring a quick return on your $5,000 initial investment . (Unless You’re Wholesaling of course)

I would say Start off by Purchasing a Mobile Home that is in RENT READY condition or Close to it and that’s already in a Mobile Home Park .

For Example, in Simplest terms

My 1st MH investment was a

1999 3/2 Single Wide for $3,000

Lot Rent = $300

Rented for $650

As long as I Cash Flowed $300 every month for 10 Months I’ll Gain my initial Investment back

Now you have an asset that’s generating income every month.

That one Mobile Home could potentially add (1) Mobile Home to your Portfolio every 10 Months or so .

That’s when your Assets start Creating Assets

Again this is what I did as a investor when only having access to funds under the amount of $5,000 to invest, only my opinion not financial advice.