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Updated about 6 years ago on . Most recent reply

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38
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Shayne Mahoney
16
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38
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Flipping/Wholesaling to get into Big Multifamily Game

Shayne Mahoney
Posted

Hi there, 

I’m curious to see what everyone thinks about flipping and wholesaling to get into the big multifamily game. I might be having a little bit of the Cardone effect right now, but that seems like the move to real financial freedom. Saving a few hundred bucks a week is painstakingly slow. Would anyone recommend wholesaling and flipping to gain money faster. Or would I be trying to wear too many hats at that point? 

Thank you!

Shayne

Most Popular Reply

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586
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Braden C.
  • Real Estate Investor
  • Florida
358
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586
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Braden C.
  • Real Estate Investor
  • Florida
Replied

Learning how to flip or wholesale properties is just another tool in your bag. I don't think it's a bad idea at all to learn something new. If you're wholesaling, you'll hopefully learn how to find great deals, seems like that would be very useful when it's time to find a multi-family property to buy. 

Just be careful thinking that either of these methods are going to get you your multifamily property quickly. Both are hard work and take time, it would be easy to get burned out and give-up on the end goal. 

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