Hello from Chicago, I just got my Real estate license, now what?

[Charles Wheeler]

I decided to go the route of attaining my license before I started investing. I am looking for some guidance on the route to take while investing. I live in the Chicago land area. I was thinking of acquiring a 3 or 4 flat using the fha 203k or Fannie mea homepath rehab loan.

My credit is 680+, fulltime job 4rs, few thousand in my 401k and a couple in the bank.

I once read that the best way to get started is to do 1 or 2 flips in the beginning, can anyone attest to this? PLEASE HELP

[Wendell De Guzman]

Welcome Charles.

You don't need a real estate agent's license to invest but it sure comes in handy so you'll have access to the MLS. The best way to start is work for an experienced real estate investor in your market and learn from him/her. It sure beats learning from a book or audio CD or from a guru.