How to begin real estate investing without a large lump sum?
Posted on January 14th, 2010 in Personal Finance | 1 Comment »
AJ asked:
I don't have a huge lump sum of cash accumulated at this point; however, I make a decent salary. Is there a way to invest directly in real estate incrementally other than REITs?
Simi Valley CA Real Estate
I don't have a huge lump sum of cash accumulated at this point; however, I make a decent salary. Is there a way to invest directly in real estate incrementally other than REITs?
Simi Valley CA Real Estate
One Response
for sale by owner
I don’t know the idea behind the lump sum, but you can get a loan. Start with the basics of course. Find the potential house or property that you think will be worth your investment. Find a loan, then buy the house. You can then increase the value of this property by fixing it. Then it’s up to you if you want to rent or sell it. I would advice you to find investors in your area which you can learn from. Either way, you can find and search online. This can help you get started in real estate investing.