Several townhouses in Philadelphia are listed for $50,000 or less, well below the median list price of $228,621. However, these properties require significant renovations and may not be livable. Investing in real estate can be done without the hassle of renovations through platforms like Fundrise and Arrived Private Credit Fund (1).
For those looking to invest in real estate without the stress of major renovations, options like Arrived Private Credit Fund offer short-term loans for residential real estate projects, securing investments with property collateral and historically paying 8.1% annualized dividends (2).
Real estate crowdfunding platforms like Arrived allow investors to buy shares in rental homes without managing the properties. This provides an accessible way to invest in real estate with just $100 and offers potential appreciation and income (3).
Commercial real estate, particularly grocery-anchored properties and health-care facilities, remains resilient. First National Realty Partners offers accredited investors access to institutional-quality commercial real estate investments with potential passive income (4).
Read more at Yahoo Finance: You can buy a Philadelphia fixer-upper for under $50K, but they come with a catch
