Quick draw

[Loletha Green]

I'm new at this and I've attended a great investor seminar and real estate school, I am certain this is my niche. My question is, I am in a tough situation and wanted to start short sale and Reo investing with no money down, how long is the process to close the property? Do I need a realtor? And is wholesaling. the quickest way to obtain a property in 7 days.

[Brent Coombs]

Welcome to BP. No money. No experience. Guru-frenzied hype. The perfect storm!

My first tip: don't set yourself random targets like: "obtain a property in 7 days"!

You'll likely be setting yourself up for disappointment and/or mistakes. 

Real Estate is NOT a "get rich QUICK" scheme. Start with a "SLOW draw". 

Not trying to discourage you at all, but are short sales and REO's the best niche for you?

You can read plenty of prior threads about them. Soak it all in. All the best...