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Updated almost 6 years ago,
Strategies for starting
Hey there,
Currently, as I make my goals and work towards completing my actionable steps, I am trying to find the best strategy for me to complete in order to start purchasing buy and hold properties. Like many others, I have a very minimal amount of capital which I am working on growing currently. I have a few part-time jobs, but I am looking for a full-time position to help the process of gaining capital. As I am researching more into REI, I was wondering if it would be a smart idea to look for deals that I could offer to a flipper and assist them in completing the project while splitting the profits to gain capital for a rental property, or if I should continue setting my sights on raising capital with a job and focus my attention on becoming good at finding rental property deals?
I know there are thousands of ways to make money in REI, but as for which strategy I should implement, I am curious as to what advice you could offer. I do not want to invest with the amount of capital I have currently, so whichever move I decide to make, it will be after I have acquired a larger amount of reserves. Thank you for your help in advance!