Can You Buy a Rental Property With Only $5,000? (Rookie Reply)

6 hours ago 1

Feel like your situation doesn’t fit the typical real estate investing playbook? Maybe you’re low on cash, your circumstances are unusual, or your timeline feels tighter than everyone else’s. You’re not alone, and today’s episode proves it. But thankfully, we’ve got answers!Welcome to another Rookie Reply! We’re back with three questions from the BiggerPockets Forums, the first of which comes from a rookie who has very little money saved: Can you buy a rental property with just $5,000? We’ll share some creative ways to get started with low money down!Next, we’ll hear from someone who wants to invest in U.S. real estate from another country, pointing them to the tools and resources they’ll need to invest remotely. Finally, is it ever too late to start investing? Maybe you’re already eyeing retirement and wondering if rental properties can even fit into your overall strategy. Stick around until the end to find out! Ashley Kehr: You’re ready to start investing, but the question is not always what deal should I buy? Sometimes it is how do I make an offer when I only have a little cash? Can I invest in the US from another country or am I too late if retirement is coming up? Tony Robinso...

Read Entire Article