$10k to invest..... Hard Momey Fix & Flip or Rentals....

[Justin Hutchins]

So I am as new as it gets to real estate investing and I want to start investing and making passive money so bad I can’t stand it! I literally wake up to audio books and go to sleep reading the forums on BP. I have $10,000 to invest and I can not decide what the best method for me to invest is. On one hand I want to buy a rental property and start earning passive income immediately. But thinking further down the pipeline I’ll just have to save more money and wait to buy more when I have some money to put down. On the other hand would it be smarter to put that $10k down and use some hard money to fund a fix and flip, build a solid portfolio and use the profits from a flip to buy rentals and repeat this process??? I know there is not one specific way to Invest bUt for someone lIke me that Is startIng and looking to invest long term what would you suggest I start with???? Thanks in advance!!!

[Brian Frank]

Hate to say this, but under 50 - 100k is hard to get started. Maybe find a few friends and get 50 - 100k together? Put in a corporation, and go from there. Ii is how I started.