The rentals are a nice way to acquire passive income but I want to turn real estate investing into my full time job.I have been looking into a bunch of areas such as Flips, Wholesaling, Pre-foreclosures etc. 

I chose the creative finance path because I started out as a loan officer bailing out pre-foreclosures, which you could do back in the day. 

I think recently there has been lot more houses coming to market for sale either with these changes or just the time of the year but it is not like pre covid times.

@Les Jean-Pierre I would recommend using direct mail and even cold calling properties right when they enter pre-foreclosure.

If its a primary home they can go higher but in a slow market 3% to 4% is common and if they are not coming in at full ask usually the seller offers 1-2% which is fair.The buyer must have an unexperienced Loan officer because you should always know what your customer needs prior to sending them a pre-approval letter or allowing them to go into contract.

As a wholesaler I came across different types of list of potential leads but pre-foreclosures seemed to interest me the most.

I will say though we kind of built the right product for this market cycle.. big single levels with 3 car garages catering to the empty nester and down sizer we get buyers coming in off their small oregon hobby farm .. our first time move up buyer did slow a ton but we have sold to families as well just not like it was pre interest rate spike.. our other folks are either paying cash or borrowing very little so interest rates are not affecting them.

I've been doing quite a bit of research over the last couple weeks and have decided on an area I think has great potential for my first purchase :) I'm not really sure where to go from there, if I need to looking into pre-approvals, find a lender.. or whatever else might be the next step!

Similarly when you are buying pre-owned furniture, people tend to advertise if it comes from a no pet household. 

If multiple lenders hit my credit report at the same time [during the same week] will it be considered a single credit pull or multiple hits? I have a mortgage broker but was wondering if I should check with another m...