Is it a good time to start investing as beginner with the market

[Zachary Perrin]

Hey there investors! 

I have made major changes in my life so I can get to the point where I can move into real estate full time and start developing assets. I am in San Antonio, TX interested in flipping houses initially to build some capital so I can eventually move to renting for cash flow. I hate to ask this question before I really start looking at the numbers, but as a beginner with a smaller amount of capital to get started do you think it is a bad time? With the price of materials 2-3x more expensive. Not to mention the houses are selling for much higher than appraisal. The chances of getting the seller to pay for a few things like closing costs is unlikely. 

I know most of the time I am speaking to people without any experience or education on the matter but everyone keeps telling me not to because the material cost is so much and the housing market will crash soon.   

[Jonathan Greene]

If you have low capital, flipping right now will eliminate the capital as a first-time flipper and have you paying back money you didn't want to. The deals to get flippable properties are high on-market and via wholesalers and when you couple that with rising material costs and add to that that all first-time flips cost 2x what you think and take 2x longer than you think, it's not the time to start doing that as a newbie. There may still be other options, but when the market is hot and you have low capital, you should spend the time learning and building more capital so when they market calms, the capital you earned over time becomes more valuable because the market is not completely on fire.