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Updated over 7 years ago on . Most recent reply

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Malik Bradham
  • New york city, NY
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How should one start buying properties with little or no captial

Malik Bradham
  • New york city, NY
Posted

I really want to get involved in real estate investing, preferably buy and holds, i have a full time job making close to 6 figures. What are some things I can do to, at minimum, start getting my foot in the door? I don't have a whole lot of extra cash to buy a house yet... What are some ideas? Through the BiggerPockets podcasts, I've heard about seller financing, and financing houses with other peoples money, but I feel like that'd be a little difficult as I have no track record. So please, if you have anything to add, I'd love to hear it.

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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

You can get started with wholesaling as there are a fair amount of individuals that get started that way as the cost to entry is substantially lower than other means of real estate investing. You can also meet up at REIA's and offer to work for free for experienced investors so you can pick their brain and gain a better understanding of the whole buy and hold process until you have enough capital to get started on your own. House hacking is also a good way to get started and doesn't require a ton of capital unless the home you are purchasing is really expensive.

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