Find the $$$ or the Deal First?

[Brandon Collins]

Ok, I passed my Real Estate Exam yesterday and have a brokerage that will let me work under their license. Currently I am listening to a book on flipping REO properties and is says to show the bank that I have financial backing and and can close quickly. How do I find a deal if I do not already have financial backing and how do I get financial backing if I do not have a deal for them to get behind?

[Caleb Brown]

I'd focus on being an agent. If you don't have the money for the deal make it. There is creative ways to start but you don't want to be trying to go a bunch of different directions. Being an agent will build relationships and help you understand REI. Along with that it'll build funds. Also build your credit and budget. Then 1-2 years down the road you can invest. It's okay to be patient so you have a strong foundation. Just my 2 cents