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BiggerPockets Real Estate · September 12, 2024 · 48m

How to Start Investing in Real Estate with $50,000 or Less

Dave Meyer lays out five concrete strategies for getting started in real estate with limited capital: house hacking, partnerships, seller financing, BRRRR with hard money, and REITs as a bridge.

Canon

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Meyer observes that many of his most fulfilled listeners aren't the wealthiest — they're the ones who feel responsible for something. Owning property provides tangible responsibility that generates meaning.

Highlights

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The biggest barrier to investing is the false belief that you need six figures to start
Meyer debunks the myth that real estate requires massive capital. FHA loans allow 3.5% down. House hacking eliminates housing costs. Partnerships split capital requirements.