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Updated over 4 years ago,
Can a Newbie Wholesale?
Hello,
I’ve been studying the investment world for about a month now and I’m super anxious to get started. I’m 19 yo and have been a realtor for a year now, I’ve got about $25k saved up and I am trying to weigh my options.
I’ve spoke with my lenders to see when I could get qualified for a loan and it wouldn’t be until next April (tax season), but I want to get started before that.
That brings me to wholesales, I understand the key components of the game, is wholesaling something I should look into more in regard to a source of income right now? Or would I even be able to purchase now since I don’t have 2 years of filed taxes to get a loan?
I would love to hear the BiggerPockets people’s opinions! Any ideas for me to dip my toes in investing until I can get to April when I plan to Brrrr a duplex?
Thanks so much!
Cameron Dycus
Serving Oklahoma City