Updated almost 9 years ago on . Most recent reply
Achieved your first Investment with Minimal Financial Revenue?!
Hi! My name is Kent and I currently reside in Corpus Christi, TX. I've been snooping around this website for around 1 and a half years and feel its time to start asking some questions that pertain to the goals I desire to shape towards being successful in Real Estate Investing.
One of these goals is to successfully wholesale a property to an investor. I do not have very much capital to start with, but time is becoming a more abundant resource for learning/acting.
I wanted to ask any experienced wholesaler (particularly ones who solidly have one deal a month) what their first deals were like. What kind of money did you have to invest initially? Was your credit score an obstacle in any way shape/form? How did you find the property? What steps did you take in order to secure this deal? Were you in contact with other real estate investors beforehand and worked out arrangements to workout a double close? Would you have done anything different with the experience that you have now? How do you obtain your leads now in comparison to how you did when first starting out? Input is greatly appreciated.
Most Popular Reply
Hi Brian,
I am preparing to begin wholesaling in the corpus area so that I can save the funds needed to do my first flip. I am a stage 4 cancer survivor who hopes to leave my current job within one year to do real estate investing full time as I need a better way to pay medical bills and be able to pay for current and future medical care. Any insights you can share regarding the corpus market are appreciated!
Kim Andry