Help me as I start out in this journey

[Johanna Castel]

Hi everyone! :)

For the past couple of months I've been educating my self on REI. My uncle owns a multi-family in Brooklyn and several homes he rents. I always wanted to someday own a building and get a passive income stream. Thanks to BP I don't see that as a far away dream. I can actually achieve this.

However, I need to start somewhere right? I thought about house-hacking to start, or BRRR, but my credit is not the greatest and I don't have funds to put out when ever I get a loan from a hard money lender.

I thought to use this year to educate my self a bit more, pay off debt and get my credit up. Thought to ask if anyone else had advise or suggestions. Maybe I can invest while I get out of debt, which is why I'm reaching out to you guys. Suggestions? I don't think wholesaling works very well in my market either.

[Walter Roby jr]

I think wholesaling works in any market. Start by fixing your credit (getting rid of all unsecured debt that is paying high interest), keep learning & reading, and possibly find a side hustle to accelerate your progress. Obtaining your RE license would help tremendously.