Updated about 3 years ago on . Most recent reply
Where do I start? Make an offer or find the money first?
I'm new to all of this and do not know where to start. I'm afraid to make offers to create deals because I don't know where the money will come from and I can't ask for money because I do not have a deal. What do I do first?
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Brandon, in my first couple of deals I won't be using other people's money. I'm going to make rookie mistakes. I don't want to make it with someone else's money, especially friends or family. In your position, I would read every book I can about business and real estate. I'd continue to listen to the podcasts. I'd pick market in which I want to invest and learn everything about it. While I'm doing all of those things, I'm saving toward my 3.5%-5% down payment required for an FHA loan and moving into my first house hack. Real estate investing is simple once you pick your niche, but it isn't easy and it isn't quick. It takes time to grow.