What would you do with $1,300 as a newb wholesaler?

[Michael Lerch]

I have my LLC and I've dabbled in freedomsoft (not what this post is about), but I'm stuck on what direction to take with my funds.

I have a little over $1,300 in my bank for a down payment and marketing. Now, if you were me, what would you do with that as a newb wholesaler?

Should I find a good REO deal and plunk down the $1000 down payment to get my first deal underway...

OR

Invest around $1000 on advertising and networking (website + SEO, Adword, direct mail, freedomsoft/realquest/biggerpockets pro, REI club, BNI, etc...) to source out a bunch of new deals that aren't even listed on MLS that I can get with less money down?

What do you think?