I live in NY and part of me wants to dive into the wholesaling business but another part of me wants to get my real estate license to further my knowledge and terminology overall encompassing this business as well as the rules and Regulations .At this point I’m just wondering if it’s worth going through a real estate course to further my education in this business or could I trial and error with the information I have acquired thus far to pursuit a successful wholesaling business .

It will give you a snapshot of whether or not the deal works however when evaluating properties you need to go much deeper than just the numbers and take a look at the overall area the property is located in, type of property, age condition etc.

If the property meets that rule then start digging deeper.

However, do not leave your job and try to dive directly into RE investing... you will just be shooting yourself in the foot because getting money is so much easier when you have a day job vs. trying to live off the cash flow of each property you purchase.My advice...

@Walter DobbinsI would suggest diving into books and forums posts that already exist for information.

Most local investors who have been around the block once or twice and have now deeper pockets will not even consider these parts of town.

I want to use rentals as my vehicle to wealth, but I think wholesaling sounds like a very important aspect of diving in...

After a couple weeks, you'll probably be able to spot a good deal in your head, then you can dig deeper when something appears to cash flow. 

I'm going to dig a bit deeper into SDIRAs to see what my options are if I transfer the funds out of my 401(k). 

@Tricia Gatia, I agree that diving into financing and finding the right structure is necessary at this point.