Initially we had intended on starting our real estate journey through multi-family house hacking, but this opportunity popped up first and it was hard to ignore.

I’m currently in Nigeria Africa, and seriously thinking about moving to the States to start a career as a real estate entrepreneur. 

There has been a slight uptick in the homeless population since the pandemic started, but they are usually pretty harmless. 

I decided to post my thoughts in the “Starting Out” category hoping to get your attention knowing there are service providers waiting in the wings ready to take advantage of your unfounded beliefs and further upsell you through scare tactics.

That's why a lot of new wholesalers struggle when they first start.

I'd suggest trying a free training first that gives you the basics that will get you started and see if it's the right business for you. 

All depends what matches your goals the best to get started.  

That's how people get over-leveraged and into trouble.If you want to invest, do it the old-fashioned way: increase earnings, reduce expenses, save, then invest.

Do the math and see what you'd save if you put 20% down (ie mortgage insurance) and if you put 10% down; and what your payments would look like. 

Hopefully, this provides perspective.Keep in mindThe Fed started hiking rates in March 2022, and only stopped tightening in July 2023, having lifted short-term interest rates by 525 basis points or 5.25%.Average 30-yr mortgage rates started moving aggressively upward a bit earlier (in January 2022) and only peaked (at just over 8%) in October 2023.