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Updated almost 7 years ago,
Wholesaling for building initial capital. Is it worth it?
Hello there,
We are newbie RE Investors, trying to figure out pretty much everything real estate related from ground zero. I have come across multiple cases where investors have used wholesaling as a stepping stone before adopting other strategies (buy and hold, flipping, etc), especially people with very less capital to start with. However, wholesaling itself, seems to be a very time intensive strategy, especially for beginners.
Our eventual goal is to generate cashflow via passive strategies such as buy-hold and I'm wondering if wholesaling is worth the time and effort (for building capital) rather than just focussing and working straight towards our long term goal of buy-hold?
Thoughts? Opinions?