Updated over 11 years ago on . Most recent reply
What's the best way to get started?
I am new to real estate investing. I have purchased to single family homes and am currently renting them out. I would like to purchase more; however, cash is tight right now. I was hoping to be able to wholesale some properties to generate cash flow to purchase more rentals. The problem I seem to have is there are not many properties that are selling in my area, and the ones that are selling don't have enough spread to wholesale. I am in rural MS
With that being said, what are my best options to continue moving forward? I know that real estate investing is not a get rich quick scheme, but I feel that I am stuck where I am. Should I look to wholesale in an area that I am not in? If so, how would I go about that? Any suggestions are greatly appreciated.
Drake