Wholesaling to Raise Funds for BRRRR

[Brady Becker]

Hey everyone,

I am new to investing but have worked as a commercial broker in Houston for some time. That being said, my long-term goal is to get into multi-family properties, but I was planning on easing into it. My plan is to wholesale to raise cash reserves, then BRRRR, then get into multi-family. Is this a natural/common progression in REI? Also, I have recently listened to a podcast with Jamil Damji stating that when wholesaling, it is not ideal to put a property under contract if you do not have the funds to actually close. If I were to follow this advice, I would not be able to begin investing until I raised personal capital. Does anyone have any thoughts/advice?

[Eliott Elias]

I started my portfolio from wholesaling. This is a great way to kick off your real estate investing career.