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Updated almost 6 years ago,
newbie average time to crack first deal
Its been almost going to be 6 months that I'm on real state journey. Before the last couple of months, I was more into knowledge gathering and meeting ppl to learn and grow the network. Actively looking into deals but not successful with the first count so far. However, extended the contract on a property which fulfilled the criteria but wasn't excepted.
I'm quite strict with the criteria and not trying to rush. Specifically considering multifamily/duplex/triplex as of now and trying to leverage hard money to do BRRR. However, don't see any more discounted deals in DFW area where ideal BRRR can be done to have less or no money stuck in the deal.
The reason I shared above is to see if this is something I'm not doing right or better ways of doing it?
I would also like to know how that long it took for newbie investors to crack first deal and again any suggestions will be appreciated.
Thanks in advance.