If I am just starting with 10-15K, what price range for an investment should I be looking into without getting into much debt? Anyone in Tennessee that can personally help me would be great.
My first suggestion would be to get an education. Learn what you are about to do, and then proceed with caution. There are so many things you could do with that money including putting it in the bank, and only using what you need using some of the techniques described daily on this website. You could then use what's left to handle those unexpected things that always seem to come up. Learn how to do this business with just a little money and none of your own credit, and then, and only then decide how to invest your money.
If I was you I would put that money in an account andnd use it to get yourself qualified for a hard money lender so that you can actually buy some properties with full funding for rehab. Fix those properties and sell them. It will get your started and it is always better to use other peoples money even if you have to pay intrest rate. It will build your net worth up and then you can start to work on your total income. If you don't know of anyway to get in touch with hard money lenders then I would be happy to help.
My first suggestion would be to get an education. Learn what you are about to do, and then proceed with caution. There are so many things you could do with that money including putting it in the bank, and only using what you need using some of the techniques described daily on this website. You could then use what's left to handle those unexpected things that always seem to come up. Learn how to do this business with just a little money and none of your own credit, and then, and only then decide how to invest your money.
If I was you I would put that money in an account andnd use it to get yourself qualified for a hard money lender so that you can actually buy some properties with full funding for rehab. Fix those properties and sell them. It will get your started and it is always better to use other peoples money even if you have to pay intrest rate. It will build your net worth up and then you can start to work on your total income. If you don't know of anyway to get in touch with hard money lenders then I would be happy to help.
Well,
Your money and someone elses experience could easily become their money and your experience.
Ho Ho Ho!!!!!!
C-
(whose name is loved and cherished by all that know him.)