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Updated over 10 years ago on . Most recent reply

User Stats

61
Posts
3
Votes
Kay H.
  • chicago , IL
3
Votes |
61
Posts

Should I spend money marketing for wholesale deals or save up for my first rental property?

Kay H.
  • chicago , IL
Posted

Hey, need a little advice here. I've been wanting to by my first rental property, and as I newbie to investing, of course I started wholesaling. I've been wholesaling for about 6 months got a couple deals in the works but recently I bumped into an agent and i realized I had strayed from the goal of getting a rental. So I have like no savings because I'm spending everything on marketing, and i'm wondering if i should continue to do that. Should i roll the dice and hope i get a big wholesale deal or put my energies into saving money and maybe working overtime so i can afford the downpayment myself. 

what do you think? 

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