Coming up with $20K more dollars/Wholesaling/FHA

[Craig Moore]

Hi BP,

Thanks for taking the time out to check out this post. I have a scenario here and I'd like to share it with you all. I didn't receive much feedback when I posted it in the wholesaling forum, so here I am.

I am about $20k or less away from buying my first multi-family (age 23). I am so excited and more motivated than ever to get this done this year. However, the capital is missing. Here's my thoughts: I have been thinking about wholesaling, but the one thing that has me lost is, how many letters to send out? 100? 1000? I get that call volume comes into play but I'd really like to take an aggressive approach. How many are you all sending out? What's the average? Any mathematical data if for instance I send out 1K letters? Can I expect to get ONE deal out of that? 2? Thanks for the help guys and gals!