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Updated over 4 years ago on . Most recent reply

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4
Posts
9
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Abigail Rose Grant
  • Catonsville, MD
9
Votes |
4
Posts

What can I do until I get enough money to invest?

Abigail Rose Grant
  • Catonsville, MD
Posted

I really want to get involved in REI, but don't have enough money yet. From what I've read, I should at least have enough for a 20% down payment, so I'm saving up for that. But what can I do in the meantime? I'm searching for a mentor right now and reading anything I can. I'm looking to get involved in rental properties and/or flipping houses in the Baltimore area.

Most Popular Reply

User Stats

1,068
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1,079
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Bryan Noth
  • Realtor
  • Austin, TX
1,079
Votes |
1,068
Posts
Bryan Noth
  • Realtor
  • Austin, TX
Replied

@Abigail Rose Grant have you considered house-hacking as a vehicle for an investment purchase?  That can help you jump the hurdle of the down payment issue quickly depending on the loan product you end up using.  Also, the side hustle doesn't have to be real estate related, keep the options open

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