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Updated about 3 years ago on . Most recent reply
Is WholeSaling The Best Way To Get Started In Real Estate?
Hello BP Community,
My name is Xavier, I am a 19 year old future investor in NYC pursuing my Real Estate journey. The more I begin to obtain knowledge about real estate I begin to learn more and more about different fundamentals about different ways to invest in real estate. Majority off the people I explain my story to suggest looking into wholesaling. Ive never looked into wholesaling as I want to become a rental property investor. The problem is getting the funds to even put down anywhere from 3-5% down. I don't have $10-100k to put down for my first rental. Not knowing how to gain more income besides my W-2, its going to take me years to be able to invest into real estate. My question to whomever is reading this "Is wholesaling the best way to get started in real estate?" Is this the best way to gain capital and experience to be able to understand and invest into this market?
- If this isn't the best choice to get started, what are some of your recommendations and how did you get started?