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Updated over 5 years ago on . Most recent reply

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24
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16
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Dylan Thomas
  • Rental Property Investor
  • Battle Creek, MI
16
Votes |
24
Posts

Ideas to Invest $10,000

Dylan Thomas
  • Rental Property Investor
  • Battle Creek, MI
Posted

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

Most Popular Reply

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6,023
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,407
Votes |
6,023
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied

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

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