Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago, 08/24/2016

User Stats

16
Posts
3
Votes
Chris Azer
  • Mississauga, Ontario
3
Votes |
16
Posts

Advice and help with my current investing strategy

Chris Azer
  • Mississauga, Ontario
Posted
Hi guys I'm 25 and I'm new to this whole real estate investing business. It all started when I read rich dad poor dad and began to get excited about real estate and the wealth it brings. I eventually found my way to a mentorship program. Turns out I some how decided at that time it would be a good idea to pay 60,000 dollars Canadian for this training. (I think I got suckered ) 9 months later and I still haven't closed on a deal. I've had many under contract but either the deal fell apart by due diligence or couldn't find a buyer or financing or what have you. I have learned a lot. I know all about residential , comps , arv , WARZONEs. My mentor has started teaching me about multifamily 5 units or more and i really prefer this type of real estate. Here is my question. Considering the fact that I don't have any money since I've spent all my savings on this course. Will I have luck wholesaling multifamily apartments? Because I really know how to evaluate , negotiate and put under contract. My strategy at the moment is to tie up these deals and hope to wholesale one to my mentors buyers network to make some cash to invest for a down payment on my own multi. I appreciate any and all advice!

Loading replies...