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Updated over 4 years ago,

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6
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1
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Devon Suits
1
Votes |
6
Posts

Best entry way for a new investor. Wholesaling or House Hacking?

Devon Suits
Posted

Hello fellow Realestate junkies! My question is simple. What is the best approach when attempting to enter into the real estate game especially in this economic climate? Should I house hack, save some money for BRRR deals down the road or get straight into wholesaling so I can purchase larger deals? My ultimate goal and end strategy is to become a buy and hold investor that uses 10-31 tax exchange to continue purchasing massive properties and gain equity along the way. What would some of you experienced investors changed about the way you started your careers? And how would entering in during a time like this effect long term investment strategies? Also is it best to mix and match different strategies or find one niche to stick with? I'm trying to get in the game and get rolling quick. Please let me know what you guys think.

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