Wholesaling (starting out, Pensacola area)

[Eric Horton]

I've been perusing the site for about a month now, and with where I'm at financially am leaning more towards the wholesaling aspect of real-estate to get started. I own two homes right now using the VA loan (maxed out), renting one, living in the other. My goal is to eventually move towards more rentals. Anyways, with that being said. How do most people get a wholesaling team started? Find investors, title company, etc... also, which podcasts would people recommend? Any help/guidance is appreciated. I live in the Navarre, Gulf Breeze, Pensacola Florida area.

[Matt Jones]

Hey @Eric Horton

I'd recommend getting involved with the Professional Investors Guild, it's one of our local REIAs and is very wholesaler friendly. Also, don't discount your ability to build a rental portfolio because you are maxed out on VA loans. I built half my portfolio in the first two years after I left my full time job to pursue real estate sales, which meant I had no W2 and wasn't eligible for typical bank financing at the time... just remember with that type of thing, it's a hurdle, not a road block.