Buying may not be the only profit model.Are you up to the challenge?

@Shane BrownWelcome to the club, yes it's challenging to invest in the high priced markets such as NYC and its environs.

I think with no track record it would be a challenge to find lenders.

So finding one with enough equity to wholesale will be challenging.

Naturally it depends on kind of actual project from just better house to luxury unique house if this is acceptable for this location.

You have started on the right track, by engaging in studies of REI, listening to the podcasts to gain additional knowledge and understanding of this expansive field with various niches.Yes, it's challenging to have a full time job and do REI part time.

I have a pretty unique situation.I have a family member who wants to help me with my real estate pursuit/dreams to financial freedom.

It can be challenging to find great deals.

We are excited to learn and look forward to the challenges of investing!

But, if you dont have a homogenous portfolio, ie a 1 million dollar commercial building vs 3-50k SFRs, you may want to have stronger protection or separate LLCs because of the unique exposure differences as well as asset loss potentials.