In this example, ask yourself if it would it be worth twice the work and twice the risk.B) HoldsWhether you are paying cash, and then financing to your get cash out to do next purchase, or purchasing using conventional financing, Would suggesting you initially do one at a time (at least until you have some deals under your belt and the confidence that goes along with it). .

I'm a young leader with only two years under my belt.

Just be careful. i do exactly what you are doing now. i borrow everything and come up wit nothing but I have hunderds of transactions under my belt and I know what i am doing.

Having some experience under your belt can eliminate some of these headaches.I have been an investor for about 15 years and still have not purchased an out-of-state property.

Get a few under your belt without the added pressure of paying off a loan shark cutting into your profits.

I have a team in place, and I have a few deals under my belt.

So I'll give you some basics of where to search in any city, especially the "Rust Belt"(I'm a Detroiter), I have 11 Units throughout Detroit and the Suburbs.

-Get a KALL8.com phone number- put out bandit signs saying "Home For Sale by Owner"- the calls should reach YOUR recording annnnnd capture the numbers- Start a "Home buyer TEXT distribution list" on your smat phone- add all the numbers that call off your sign to the list-When you have a house for sale...text the entire list in one single move-it'd be best if you had a link in your text to a page that had pictures and all details about your property-this works best if you offer 'OWNER FINANCED" houses.I currently have 5,000 people on my HOME BUYERS TEST DITSRIBUTION LIST...when I go to show a house, I hit that list 2 hours before my showing time. 10 to 20 people are standing in the front yard...in addition to the person I have the appointment with.I hae 18 years and 1,000 houses under my belt...there's a reason why.keep upping your came...empliment, adjust, implement again, improve, implement, adjust upward - always!

I'm beginning my wholesaling journey and tryng to make sure i have all the prerequisites in order before i start trying to get contracts under my belt.

With a couple single family homes under your belt, are you focusing on that moving forward or on other investment approaches?