I’m finally figured out the niche I need help getting started

[Jovonte West]

So last week I tried to get pre approved, because my goal is to house hack but I fell short because my credit and I don’t make enough, so I’m trying to figure out the next step to get my feet wet I have 5k available to spend. I figured wholesaling would be perfect I just need about 10 cash buyer preferably 5 fix and flips and 5 landlords and I’ll do whatever to find deals. 

[Michael Dumler]

@Jovonte West, I'm not here to stomp on your pursuit of wholesaling, but please Do Not blow your 5k on a wholesaling course. Truthfully, 5k is not a whole lot to get started in real estate. While you may hear stories of individuals wholesaling a deal on their third cold call or second door knock, the reality is wholesaling is a full-time sales business. That brings me to the question, do you enjoy sales or have any experience in the sales industry? If your goal is to house hack, then I'd recommend securing W2 employment so lenders will take you seriously. FYI it's a lot harder to obtain financing from 1099 income. Moreover, if you do decide that wholesaling is for you, focus on the deal first. Once you have the deal, finding a cash buyer becomes a little easier. Not to say you can't do both prospecting and acquisitions simultaneously. Hope this all makes sense and helps.