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Updated almost 13 years ago,
New Member Intro. & Question
Hello,
I am new to the REI world, and am learning so much. The more I learn, the more I realize how much I don't know. I'm a stay-at-home mom with little savings. I've read that having a mentor is important, but honestly, if I invest in one of the many mentors and their programs, I'd have no capital left to begin investing with. Should I invest in a mentor and their program or use the money as the 20% down on a little SFR in a cheaper state, with a hard money loan, to flip or wholesale? I read one article here about wholesalers not able to truly get discounted properties and then not being able to find an investor. I'm totally overwhelmed with information overload, like a dear in headlights. I truly want to begin, and have the motivation, just rather dizzy with information. Any advice would be great.
Thank you,
Yvette