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Updated over 3 years ago, 05/07/2021
Is it a good time to start investing as beginner with the market
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.