Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Michael Grant
3
Votes |
21
Posts

Trying to figure out how to get started.

Michael Grant
Posted

I am a Realtor in Greenville, SC and now is the time for me to start investing in real estate. I am trying to figure out the best way to enter into investing . I  have some money saved up, but probably can't get a loan due to my debt to income ratio. So what kind of investing should I start doing first.

Most Popular Reply

User Stats

129
Posts
112
Votes
Phillip Vera
  • Rental Property Investor
  • Augusta, GA
112
Votes |
129
Posts
Phillip Vera
  • Rental Property Investor
  • Augusta, GA
Replied

@Michael Grant what are your thoughts on wholesaling?  I've known some wholesalers make six figures in their first year.  They did invest in the right training, but with limited capital, or high debt, you could turn a few deals and either pay down some debt or buy cash.  Also, as a wholesaler, you'll be able to pick up some good properties because you'll have first look and what you don't want you can always sell.  

Most wholesalers I know strictly wholesale.  I never understood why they didn't hang onto a few properties, but I guess they are sticking to what they are best at.

Loading replies...