Want start investing in RE. What can I do with $5,000 cash ?

[Josean Lopez Sekulits]

I Want to start investing in RE. What can I do with $5,000 cash ?

[Nina Granberry]

Originally posted by @Josean Lopez Sekulits:

I Want to start investing in RE. What can I do with $5,000 cash ?

Welcome to REI, Josean. I read your profile and noticed that you are currently in PR and already have big goals in mind. Good. I would say that you should save and build on that $5k. Keep saving and building until you have a clearer idea of what you want to invest in exactly as far as real estate is concerned (something that @Brandon Turner calls "crystal clear criteria"). Like, right now your 5k could cover a 3.5% downpayment on a property using an FHA loan, for example. But is that something that you would be interested/capable of doing right now? Only you know the answer to that question. You already have some goals. Maybe take time to work backwards from those goals by creating action steps you can take to achieve said goals. You don't have to rush into using your $5k right now. Building up your capital, though, is always a good idea because it can help you to have options when the time comes to make decisions. Hope this helps.