Shelly Swanzy wrote: Have been researching real estate investing for a while now.
Realize that now is probably a great time to get started; with
all the REO's, Foreclosures, etc......The only experience I have
is that my husband and I purchased a REO several years ago---
at 35% of asking price. Long story -- ARM nightmare; learning
experience. So now we are starting over. From researching, I
believe our best venture is to start by finding deals for others,
continue studying, and then when we get our tax refund (8K+) we
can sell our mobile home (8k+) and have some money to start
investing into real estate to wholesale. Does this sound realistic?
Any ideas on how to get started making money would be greatly
appreciated.
Hi Shelly,
You're in the right place. You can get started birddogging and wholesaling right away with very little to no money. Deals are everywhere, and there are plenty of people who will buy them from you, including my wife, Cindy, and me. Also, go to as many REI Networking meetings as you can. We meet every Saturday. Click here for our meeting location, times, etc. If you have any questions, please feel free to give me a call any time at 817-300-1132 or email me at Robin@DFWREIClub.com.
Thanks,
Robin
ps. Our Wholesale Real Estate Investing Class is coming up on Feb. 5, 2011. Click Here for details. Thanks again