Beginner Investor, Wholesaler

[Reiss Faber]

Hi everyone! Let me give you some background on myself and my situation: I am currently living in the Metro Detroit area where I rent an apartment and split the bills with my boyfriend. I have around 2-3 grand in student loans (I'll be able to pay them off easily), but other than that I don't have many expenses - however I don't have a ton of money saved up to go and buy a property.... 21 years old working full time as a receptionist at a private commercial real estate company, hoping to quit in a few years and become a full time investor. I have been trying to get some JV wholesale deals going as I have a list of cash buyers, but everyone I am trying to JV with either flakes out on me last minute or are extremely inexperienced so their numbers look terrible. I've corrected a few people after they send me bad deals. (I found these people on FB groups, Connected Investors, Craigslist) I don't want to pay some guru to get leads or education. The Internet, books, and experienced people in the industry have more than enough information to get going.

So I am hoping to hear some feedback on what you would do. Would you continue trying to wholesale to raise some capital then buy a property? If so, how would you approach wholesaling? Because what I am doing is not working clearly. Would you get a rental, fix & flip, or house hack? My apartment lease is up August 2022, so I could try to save up for a down payment for a duplex and house hack.

Any tips at all would be greatly appreciated. I know I will be a full time investor eventually, but getting started with little capital is where I am struggling.