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Updated almost 5 years ago on . Most recent reply

$20-30k to invest, what would you do to find a cash flow?
Currently live in Raleigh, looking to invest 20-30k locally and get the most cashflow possible. What would you do to accomplish this?
Thanks!
Most Popular Reply

Hey @Tom Keller That amount is going to be tough to squeeze out much cash flow here in Raleigh unless you are getting into a partnership deal. If you are open to a little further out that amount could find you a nice SFR in Burlington/ Graham area West of the Triangle or down in Fayetteville. There is plenty of supply in Fayetteville for SFRs all in cost around $100-110k and rent for $1000/mo+. If you are looking for cash flow above all else I would recommend looking in another nearby market. The Triangle has turned into a much more appreciation market vs cash flow. Hope that helps!