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Updated over 9 years ago, 03/25/2015
Should I Start With Wholeselling?
Hello all!
I am a recent college grad and I'm trying to figure out the best way to get into REI. My wife and I both have student loan debt and pay more on student loans than any other debts combined. We have a mortgage on our house that we live in and purchased through a USDA loan. Due to our student loans, we don't have much money saved up and I would like to find a way to get into REI with no money down. Should I start with whole selling? Are there creative ways to buy RE as well with no money down?
Any and all advice is welcomed! As a background, I live in west central Indiana and there are several properties for sale through agents as well as by owner. I feel this could be a great time to get into RE as long as I can manage to do it with no money down.
Thanks guys!