All Forum Posts by: Cedric Stout

Thanks @Eric H. You bring up a good point, especially about the future in terms of getting funding from the bank. If I did focus more on wholesaling, I would probably still keep my commission job since I can work on a flexible schedule.

@Patrick VeraI like the way you think. It may be a challenge but it will also be rewarding :) Hope to see you around at some local REI groups

Welcome Patrick!

I'm about 45 north of you in Palisades Park, NJ. I wish you luck on your new REI endeavor.

Hi guys,

I'd love to get your input and "advice." I'll try to make this as concise as possible.

I'm currently a new wholesaler in Northern/Central Jersey. I just started and i'm diving in full force. I also work a full-time commission based job in Financial Services which allows me to set my schedule. My goal is to ultimately go FT in REI.

In your opinion, should I:

• A) Focus fully on Wholesaling now (30-40+hours) and work my commission job a little less (making enough to pay bills). 

OR

• B) Continue to work 40-60 hours on my commission job and wholesale when I have time. 

My end goal either way is to make a sizable income/profit to eventually buy/hold multi-family. 

What would you do and why? Thanks!

Welcome John. I'm new to this community as well and to REI as a whole. I live in NJ but I'm from Fayetteville and plan on starting my investing career in the Raleigh-Durham area.

Thank you for the welcome Mark. I will be sure to set up the keyword feature.

Greetings BP Community! 

My name is Cedric Stout and I'm brand spanking new to the world of Real Estate Investing, but I have committed to pursue this path as a means of wealth building. 

In a nutshell:

• I'm currently working in Sales as a career and will continue this to begin building capital for REI
• I have a strong interest in multi-family investing, though I am open to consider other options. 
• As I'm building capital, I desire to learn everything I can in the meantime through education and learning from others.
• I live in Palisades Park, NJ (less than 10 minutes from Manhattan). I grew up in Fayetteville, NC and am considering beginning my investment journey in the Fayetteville and/or Raleigh-Durham NC area (since I visit NC monthly) and prices are a fraction of the price in NJ. 

I look forward to learning and growing with this awesome community.

Cedric Stout