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Updated over 6 years ago,
What would you do for your first adventure in real estate
Hi y'all
I'm trying to figure out a path to starting out. I just got my Oregon Brokers license! Unfortunately, I have a W-2 job that takes up about 45 hours a week, and the brokerage I spoke to, said they want someone more full time to train. But I am not letting that keep me down. I believe, I should keep my w-2 job so I can get a first time buyers loan on a house, but I only make about $40K a year, my credit is 750 and I only have a car payment that I can pay off in 2 months. Sorry for rambling on! My question is, should I try to learn and do some wholesaling to get more capital? Or should I buy a pretty bad house for what I can afford and Live and Flip? Or try the BRRR strategy? I am a hard worker and willing to put in the time and effort, I just don't know a lot of people to help me think this through. Anyways, I appreciate any insight on this subject. Also, if anyone knows of a REI in the Columbia Gorge please keep me posted.
Thank you
Ryan Wood
The Dalles, Or