Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

35
Posts
5
Votes
Abhijit Joshi
  • Investor
  • Aurora, IL
5
Votes |
35
Posts

Best Way To Invest $60k In Real Estate

Abhijit Joshi
  • Investor
  • Aurora, IL
Posted

Hello Everyone,

I have about $60k in cash that I would like to invest in Real Estate (RE). My goal is to exponentially grow this money as fast as I can. What strategies and niches do you recommend to do this? I have a few ideas (below) but need some expert guidance and advice.

---

-Invest in multi-family unit(s)

-Pool money with other investors to do a massive flip

-Lend out money for others' RE initiatives

---

Thank You.

Most Popular Reply

User Stats

1,489
Posts
1,024
Votes
Alex Deacon
  • Investor
  • Pittsburgh, PA
1,024
Votes |
1,489
Posts
Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Abhijit Joshi my suggestion is to to take your time and go it alone for the first deal. Play it safe and be selective. You can make a lot of mistakes in this business quickly and that can cost you dearly. Find some good experienced team members to help you. Attorney, financial adviser, CPA, Agent etc.. Your only as good as your surrounding team.

Loading replies...