The Lounge
From 100$ to 10k$
Submitted by antoine0123, 26-07-2020, 12:38 AM, Thread ID: 177322
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RE: From 100$ to 10k$ 29-07-2020, 09:32 PM #3 Real estate for not so risky gains doing stock market for short term would be extremely risky. If you have 10k and decent credit get a FHA loan only need 3% down on a duplex and rent out one side live rent free for 2 years. after 2 years sell that property and 1031 exchange it look that up if you dont know what that is. after you do that and have a much nicer property hopefully a complex take a HEL out home equity loan and then instantly buy another property that has tenants already and boom you just started you real estate empire. Real estate 101 you're welcome.
29-07-2020, 09:32 PM
#3 Real estate for not so risky gains doing stock market for short term would be extremely risky. If you have 10k and decent credit get a FHA loan only need 3% down on a duplex and rent out one side live rent free for 2 years. after 2 years sell that property and 1031 exchange it look that up if you dont know what that is. after you do that and have a much nicer property hopefully a complex take a HEL out home equity loan and then instantly buy another property that has tenants already and boom you just started you real estate empire. Real estate 101 you're welcome.