Looking to begin in REI

[Connor B.]

How's it going everyone? I'm planning on investing in real estate as soon as possible and wanted everyone's opinion on what my best option would be starting out.  Currently i'm working on getting my bachelor's degree and working weekends.

I was thinking about purchasing a foreclosed or distressed property and wholesaling it to an investor within my area just so I can start to build up my money to use to invest in fix and flips or rental properties in the near future.  All suggestions are much appreciated.  

[Bryan L.]

My suggestion is for you to purchase a great deal (foreclosure, REO, whatever) for you to live in, rehab it, get a HELOC on the equity, and then starting investing with the HELOC. If it's a home that you would like to live in anyway, it's a great method to learn and build capital with less risk.