Slow and Steady Wins the Race?

[Miguel Luna]

Hello BP! 

I'm a 19 year old from Lubbock, Texas and I've just recently discovered Real Estate Investing. I've always been interested in investing, but it wasn't until just a couple of weeks ago that I started hitting the books about REI. I've done a lot of research on how to get started and what properties to buy whether it be single family homes or multi-family and I'm just so ready to get started! I've looked into wholesaling, to gain some funds, but idk how to go about it. It would definitely be a good start for me having no funds. I do have good credit though at 706, and I hope to keep raising it.

I know I have a lot to learn and I've been looking into attending the REIA groups in my area in hopes of finding someone I could shadow. I also went and visited my local realtor to talk to some agents. I learned a lot from that one visit and I was able to establish a solid "Step 1." (https://www.biggerpockets.com/forums/12/topics/255...) my initial plan was to get an FHA loan for a duplex, but I was short on work experience and I would either have to wait another year to get the loan, or find a cosigner (along with proper funds) if I wanted it then and there. I didn't want to wait. I turn 20 next month (January) and I wanted to get started ASAP. So I went out in search for a cosigner and I was able to get a few people to think about it (which is enough for me, I can convince them later). I have the cosigner issue covered, now all I have to worry about is acquiring the necessary funds. I've been thinking about wholesaling. There's not much I could say about it other than "buy low sell high." I get the concept and I've been looking at the properties in my area while also looking on craigslist for potential buyers. "We'll pay cash for your home!"

So cosigner, check. Funds, check (kinda). I want to know, should I wait a year before jumping in. or should I find a seasoned investor to partner with and learn everything while I still have the time? 

[Austin Hughes]

@Miguel Luna

Lol I agree experienced people want to help young guys, but I don't act like I have knowledge because they know way more. I just stay humble and hear their stories and methods.

And to answer your original question, JUMP IN NOW AND LEARN EVERYTHING YOU CAN.