Thick skin and experience you would have been developed during this process.Knowledge- Analyze deals, webinars, forum posts, podcasts, contact realtors, make an offer every week. 

I've always wanted to invest in real estate so that I could become financially free and teach my kids.Over the last years I've been obsessed with real estate investing and have read over 6 book and countless youtube videos and BP podcast of course.Im looking to wholesale first to get some cash or skin in the game as they say then house hacking some duplexes.

This smacks of fly by night - no skins in the game - cash the check and run.

Hello everyone, I am a 19 year old from Montgomery, Alabama and have become obsessed with real estate. after a few months of research I have come to the conclusion the best way for me to get skin in the game now is to start wholesaling real estate.

Many ways to skin this cat and avoid double taxation.

Perhaps there is a flipper in the area that would advise you, or help you make connections or maybe just helps you see a solution you wouldn't have seen yourself....and bring them in on equity in the deal so they have skin in the game.Good Luck!

If you have 2 listings, and don't want to pay unless it generates revenue for you, then you may want to start with BeyondPricing/Wheel houseThe one advantage with Wheelhouse / BeyondPricing is the commission structure, gives them skin in the game.

I just want to keep my options open and know what my exit strategy would be if I do have to disposes before the ten years.FYI, since I did the original post, the broker sent me the lender defined YM sheet of the contract, and I will just go through and start crunching some possible scenarios, to get an idea of what kind of hit I would take...ALSO, I asked about Owner carrying a second if I a buyer assumes the first and he asked the lender who replied that it was very common for Fannie to do a supplemental second along with the assumption of the first, in this type of a scenario.I welcome any advice or opinions...please don't hold back, I have thick skin!

After buying your first rental property, getting a grasp of the system, and getting some skin in the game, how about financing that next property?

More than one way to skin a cat.