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Updated over 6 years ago on . Most recent reply

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3
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David Quinones
  • Newport News, VA
1
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3
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Tips For Beginners: Wholesale vs. Multi Family Unit

David Quinones
  • Newport News, VA
Posted
Hey guys! 👋🏽 I wanna thank you guys in advance for any responses and feedback I may get. As the discussion subject implies, with a small amount of capital to invest, would wholesaling or small multi family units be the best course of action? I’ve recently started taking an interest into realty, for its many challenges and benefits. But after getting on to BP I feel a little more confused with where to start, there’s just so much information and rabbit trails to follow. I guess I’m just looking for a place/route to FOCUS on...as a beginner. Thanks again for reading/responding. David Q.

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412
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254
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Heath Ryans
  • Investor
  • Kingsport, TN
254
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412
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Heath Ryans
  • Investor
  • Kingsport, TN
Replied

@David Quinones you picked two entirely different avenues the chose from. It depends on your goals. Do you want to have to work in real estate and hustle hard to try to wholesale and make a few thousand on the front end? Or do you want to be more hands off and make steady cash flow while building equity and have the ability to scale with big paydays on the back end? Do you have enough capital to break into the multi space? Why not do both? Why not wholesale but also target multi's in your mailings for even better deals?

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