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Jesse Conners
  • Syracuse, NY
5
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47
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I have no cash!

Jesse Conners
  • Syracuse, NY
Posted Mar 30 2015, 07:46
I decided to enter the REI world when I learned about wholesaling. It intrigued me because I could actually afford to take action immediately. I am currently marketing for and talking to motivated sellers but have not yet made a deal. As I studied further into REI buying and holding seems to be a lot more reachable than I thought and is ultimately the path I want to take. I'm almost living pay check to pay check and have about a thousand bucks to my name so even though I qualify for a fha loan I can't even afford the money down after taxes and closing costs. Is saving money from my job and wholesaling to raise some capitol the only way for me to get a property and generate some cash flow or are there other creative ways to the ball rolling?

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