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Updated almost 5 years ago on . Most recent reply

Sham Soomer's profile image
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Sham Soomer
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Sham Soomer
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Sham Soomer
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Rehabbing & House Flipping

$2000 to start real estate investing

Sham Soomer
Posted

If you were to start your real estate business all over again with only $2000 how would you have done it?

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Aaron K.
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I'd save more, because even if you could find something to buy with $0 down or owner financing or something like that.  $2k isn't even enough to cover reserves, not to mention you'll probably be out of pocket a bit to cover the escrow fees and your first insurance payment.

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