Be sure to check out BP's free ebook Ultimate Beginner's Guide to Real Estate Investing.

Hi @Constantin Jakobljevich vielen Dank für deine ausführliche Antwort, du hast wohl recht, dass House Flipping nur in dieser Weise Sinn macht, oder wenn man einmal doch großes Glück mit einer extrem unterbewerteten Wohnung hat, was fast schon unmöglich ist, wie es mir scheint.Leider scheint Österreich auch im Bereich Real Estate eine ziemliche Unternehmer-Bremse zu sein.Ich bin leider noch komplett neu im Real Estate Markt und beginne erst mich mit der Theorie einzulesen, bislang wäre mein größter Vorteil wohl einige recht gute Kontakte, jedoch habe ich noch einen langen Weg vor mir, bevor ich beginnen kann.Mein Großvater hat sich vor einigen Jahren zwei Einfamilienhäuser - nicht all zu groß, eines zweistöckig, das andere nur ein Stock, beide mit etwa 120-150 m² Wohnfläche - in der Nähe von Tulln gekauft, diese Grund auf saniert, etwas besser ausgestattet (Sauna, Pool hinzugebaut etc.) und diese nun verkauft.LG

You must take risks, but, ensure that they are calculated risks.Below are some links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/rules https://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Have you read The Ultimate Beginner’s Guide to Real Estate Investing?

Your time here will be well spent.Since you mentioned an interest in wholesaling, I added a gude and podcast below to help fine tune your niche.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)https://www.biggerpockets.com/renewsblog/2013/10/31/wholesaling-podcast-mike-nelson/ (BP Podcast 042 - wholesaling)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

The Ultimate Beginner's Guide is now course that you can now view.

@James Masotti - BP has a free course for REI https://www.biggerpockets.com/courses/a-beginners-...Module 6 is all about financing and there is a video for commercial loans.  

The in formation is not mindblowing, I think it is more geared toward an absolute beginner.

@Brandon SmothermanWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.You didn't mention a niche of interest, so I added three links below for your reading please and selection.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.

Bottom line - wholesaling is a business; it's not a strategy or something you do as a beginner to get started in real estate.