My starting out story

[Tracy Selfridge]

Thought I would jump in and share where I'm at in my journey just because I see no harm in it. I'm a long time lurker on bigger pockets and learned a lot so I'm very thankful for this site and everyone contributing. 

So about 2 years ago I jumped right in blindly and of course I was wholesaling because I had no money. Quickly found out that wasn't the direction I wanted to go. 

So I changed things up with my money situation. So about a year and a half ago i got another job that paid more with basically unlimited overtime.

For the past year and a half I have worked a TON of overtime. Saving all I could. 

I started a small performance apparel company this year in hopes of helping my savings grow quicker. So far that business is still in the negative so I'm debating on keeping it at this point....

I'm getting really close to the amount of money I need to actually bring value to a partner in a flip deal. I've reached out to several flippers (experienced) in my market and they are ready to rock when I am and when a deal is found. 

I'm getting pretty excited that I'm close to being able to jump in, because I know the best way to learn is to do! It's that simple. I can, and have, read these forums and listened to these podcasts for hours but nothing will teach me better than that first deal. And I'm almost there!

My goal for now is to just do some flips with experienced people and learn. Build my money enough to where I can buy the houses with cash and pay for the repairs, mitigating my risks and holding costs. 

It's yet to be seen how much overtime I can continue to work, while learning the flipping process. But I have to learn it so if it cuts into my saving power then so be it.

This is just the beginning for me, I'm 33 and live in Lexington SC. I come from a lower income family and any steps further than I take now will crush anything I've ever done. I'm not afraid of hard work, I learn fairly quickly, and I fully understand what im getting myself into. So I'm excited to see how far I can go. 

Sorry for the book of a post

[Benjamin Jones]

Hello Tracy.  Like you in the beginning, I'm a bigger pockets lurker reading everything I come across in an effort to gain knowledge.  I'm very eager to do my first deal, but just haven't jumped into the fire yet.  I really want to start wholesaling so that I can build some capital to progress further in RE investing, but as you know the first deal is the hardest deal on all levels.  Any advise?