Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Should I spend money marketing for wholesale deals or save up for my first rental property?
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?