As a newbie, what are the first steps to wholesaling?

[Jose Corbera]

Hi everyone,

I'd like to hear from you on what are the first steps to beginning my real estate career in wholesaling. I have a little over 25k sitting in my bank and my overall goal is to amass investment properties over time but from what I've read, wholesaling maybe a great avenue to generate additional capital to invest in even more properties.

Any advice would be welcomed! Thank you

Jose

[Justin Howe]

Hi @Jose Corbera The first step is learning the business and you're in the right place. BP has a vast amount of information on wholesaling from articles to podcasts. Invest some time learning how to find deals, put them under contract, and then assigning the contract to a new buyer. 

This article breaks down assignments really well.

https://www.biggerpockets.com/renewsblog/2016/07/0...