$1000 for a coach on finding motivated sellers?

[Pete Storseth]

I met a guy online that seems very ethical, so I reached out to him.

I scheduled a skype meeting with him even though he's local to work around our schedules.

After a generally good conversation, he offered to work with me, but asked for either $1000 for 6 sessions or $2200 for 6 months of 2 sessions a month.

I'm saving for the initial costs to do Fha loan, house hack. Any amount of money will definitely delay when I can get into my house hack. However, if he can hold hands with me through getting at least one or two deals, wholesales or wraps, it would be worth it.

I'm not considering a guru type mentor, but does anyone think it would be foolish to pay for this?

[Account Closed]

I wouldn't, because #1:   you said $1k would delay your plans, and   #2:  you just want one or two deals, you aren't trying to set up a business. 

I would instead concentrate on stalking REO sites, sheriffs auctions, and your local wholesalers (even though I gripe about them all the time)... and get a realtor to set you up with MLS emails. Plus tell anyone you meet at local meetups (are you going to those?) that will listen that you are looking for whatever you are looking for. Plus you can send your own postcards or whatever for about that price.

Finding a deal doesn't really take mentoring, but it does take personal connections and a bit of hard work. 

Honestly I think 99% of the "find motivated sellers" stuff is just to get newbies to shell out big money for SEO, mailers, "ringless voicemail" (aaaaaa hate!), mentorships/training, etc etc..  I dont know about your market, but my area is completely saturated with these goobers all harassing every old person and landlord to sell for pennies on the dollar.  (and old person landlords seem to get hit twice as hard it seems!)