Where to start with wholesales?

[Donnie M.]

A friend and I have been looking to get into the wholesale business but we just don’t know where to start. I’m 19 and he’s 18 and combined we barely have any money. Are there any necessary steps we need to take? Any books or forums that we must read before starting? Any tips would be appreciated. Thank you.

[Jonathan Greene]

You barely have any money. You have no knowledge of where to start. Why do you want to get into wholesaling? Do you think it sounds like an easy way to make money? What is going to make a seller trust two kids under 20 to assign their contract out. Do you have money backing and if not, what's your pitch? How are you going to build a buyer's list of vetted investors with no experience or real estate contacts at all?