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Updated about 4 years ago,
Best Way to Get Started
Hello and TIA for any advice/help.
For the last 6 months or so, I have been studying real estate investing and have been shopping around for a SFH to rent out. I believe this will be a good way to cash flow some money to reinvest in another property. The only issue is, finding a good deal! It seems all the homes I look at are overpriced and wholesalers want cash. I have some money saved up but not 60k.
I am thinking about finding motivated sellers and buying directly from them. Have any of you found success in acquiring a house this way? And if so what is the best way of generating a list? Preforeclosure list? Or should I use the MLS and low ball offers until one sticks?
Thanks,
Zack from Indiana