Hello from Taiwan! Newbie from West Chicago, Illinois.

[Rachel Geronimo]

Greetings! My name is Rachel. I currently reside in Taichung, Taiwan where I have been teaching English for a year. I'm just a traveler who has been living abroad for two years. I am originally from West Chicago, Illinois. I am relivatively new on BP, so I'm hoping to get a lot of advice for my real estate journey.

I want to get a clear understanding of what is best suited for my current situation. Here is my dilemma:

• Currently, I'm still trying to figure out my financial situation. I feel like it's best if I focused on refining my savings/spending strategy before taking on my real estate journey.

• I want to do real estate part time.

• Being a recent graduate added some weight to my finances. Not only do I not have capital, but I am in debt.

• I live abroad and plan on living abroad for the next ten years.

• I was thinking of wholesaling to build up a small amount of capital then continue forward with buy and holds on multifamily duplexes or quads. All in all, I know that I want to do both, but I'm not sure which route is the best for my current situation.

With this being I'm hoping you're able to help me answer the following:

• What advice would you give to someone who wants to do real estate part time, but doesn't have capital and is in debt?

• With my current situation, is it best if I start out with wholesaling? Or go straight to buy and holds?

• If I were to do buy and holds, I would want to use hard money to help me financially. What's your opinion?

• What is your advice on being a traveler while investing in real estate? I know it's possible, but is it harder? 

Thank you so much for your help!