Im a new investor and need help

[Emmanuel Antoine]

I’m 21 years old I have about 3000 saved up (not much ). I’m very interested in real estate. I live in New York City which is very expensive. I want to buy property but it would take years for me to have enough money to put down a down payment for a house here (37500-65000 is the price range on a house ). I thought about wholesaling but it’s hard finding deals because they don’t last long. I was thinking about getting my real estate license so that I can have access to the mls but I don’t know if that would make a difference. Then again I’m also thinking about investing out of state in a cheaper market so I can buy my first rental property . I’m just really need some guidance and advice.

[Jonathan Greene]

Look, no one wants to say this, but $3,000 isn't going to cut it and if you ever found something that you could only put that amount down on, you would have no savings. You have to save. Just based on what you wrote, it seems like you are looking for a way to get financial freedom without doing too much to get it. Wholesaling is hard to find properties - no it's not at all, but it does take money input and hustle and communication. You don't need MLS access because it won't gain you anything right now and there are fees associated with that and a brokerage. Investing OOS doesn't matter when you don't have the capital yet.

The only way to start getting into the business without cash is to learn from others and see how you can add value to someone else's business. What special skills do you have that might help someone else? Do you want to learn about real estate or do you just want income from it? Because the latter doesn't happen without the former.