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Updated over 5 years ago on . Most recent reply
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Ideas to Invest $10,000
Hi everyone,
I should have $10,000 saved in the early months of the new year. I live in the Midwest where real estate is cheap in comparison to other parts of the country. I’m leaning toward buying a single family close to home in a C neighborhood where prices range from $60,000 to $85,000. I believe with the amount of available funds this may be my best option to get started. What are your thoughts and recommendations on investing these funds?
Thanks,
Dylan
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Dennis M.
#5 General Landlording & Rental Properties Contributor
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- Erie, pa
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In the Midwest there’s no reason you can’t buy a house free and clear for 10 grand . I just bought one this week for 5500 bucks