Benefits of buying an investment property under $100,000

You can get your foot in the real estate door sooner.

Depending on where you live, properties in your local market may be expensive. The median price of a single-family home in Greece, for example, comes in at a whopping 500K . For the average person looking to invest in real estate, this makes the dream of rental property ownership...laughable.  But just because you're renting in an expensive city doesn't mean you can't afford an investment property in another location. Real estate prices are incredibly diverse across the Greece., and if you're priced out of your current market, an out-of-town investment might be the best way to get on the property ladder.

You don't need to put all your skin in the game to be profitable.

When looking at investment properties under 100K , don't assume you need to put more money down up front. By sticking to the standard 20% down, your barrier to entry is much lower.  The fact that you need 20K or less for a down payment makes the process of saving up more feasible. It allows you to get into the real estate market sooner than later, so your money can start working for you.

The cash flow potential is higher.

Depending on where you buy, cheaper properties may not present the best appreciation values when it comes to investing. However, they can be great for generating monthly cash flow. If higher monthly cash flow is a priority over renter stability and long-term appreciation, this investing criteria may work well for you.