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Updated over 7 years ago on . Most recent reply

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71
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JDee Moore
  • Specialist
  • Tulare, CA
48
Votes |
71
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No job $1k in savings RE License or market for wholesaling deals?

JDee Moore
  • Specialist
  • Tulare, CA
Posted

Hello BP family, 

I am stuck between a rock and a hard place. I have no job at the moment with only $1000 in my savings account, fortunately my wife makes just enough to pay for our monthly expenses. 

So my question is, would you use your savings under these circumstances to pay for a RE course and take the state exam to get your RE license (California) or would you use your savings for marketing to generate leads and wholesale property?

My objective is to eventually get my RE license at some point with the sole purpose of buying and hold on future properties and/or wholesale/retail if specific properties doesn't fit my buying and hold criteria.

Thanks in advance, 

BP is the best!!!!

- Jerry

Most Popular Reply

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Replied

First step is to find another job. After that you can make long term plans for your future.

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