How is wholesaling in CT???

[Asia Bethea]

Hello, I want to learn as much as possible about real estate and thought I can get my feet wet by starting to wholesale. What is it like in CT? Is it competitive? Where do I start? I currently have a full time gov’t job, and my long terms goals are to buy as many multifamily & sf buy & holds but this can help me learn a lot and start small. Any help is appreciated, thanks!

[Jaysen Medhurst]

Why wholesaling, @Asia Bethea? It's a lot of work and can be a long ramp-up period. If what you ultimately want is to buy and hold, I would focus on learning your numbers and finding a specific market and strategy to focus on.

First thing to start researching is how to use a low-down payment mortgage (like FHA, but there are better options) to purchase a MFR as your primary residence. This should allow you to lower your living expenses, build equity, and gain experience as a land lord. Something like this, this, or this. Lots of opportunity in New Haven.