If i only make 30K a year, how can i get money to invest in a 4-plex that costs 100-200K?
Thank you all for your knowledge. I'm a young man that wins around 30K a year and want to start investing in real estate. I would have to wait 6-10 years to get enough to buy a 4-plex or 6-plex. Is there an easier way to get money to buy these investments? Thank you.
Asked By: . . - 11/24/2006
Best Answer - Chosen by Asker
Man... where are you going to find a fourplex for 100-200k? Madagascar? Somalia? Sudan? Just kidding, but that's pretty "down market... More
Answered By: csanda - 11/24/2006
Additional Answers (3)
um a loan...
Answered By: hiya - 11/24/2006
First of all, how is your credit. How much do you have saved now. I can find you a partner who will put up the money or credit if the deal is good enough but you have to bring something to the table as well. There is 100 ways to do this thing! I will not take up your time now however, you know where to find me for more... More
Answered By: begin2invest - 11/25/2006
If you invest $15,000.00 per year at 20% you will make about $3,000.00 more each year and that would reduce your time by several years... More
Answered By: Frank Castle - 11/25/2006
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