Buy&Hold vs. Wholesale

[Marian L Claville]

Hello All

Since I last posted I have been hard at work building the wholesale side of my business. Recently, (yesterday) I came across a great deal for 2 houses. The first house is $10,000 that has a renter in the home paying $400 a month (which is too low) and another home that is vacant that I negotiated down to $13500. Both in low income neighborhoods that have high rent turnover but the homes get rented. My question is should I wholesale the houses or should I hustle and try to keep them for my portfolio? My goal was to get 5 rentals by the end of the year, but I don't have $23,500 just laying around......on the dilemma!

[Joe Villeneuve]

Wholesale them, accumulate the funds then to buy down the road.  Your answer is actually in the question...and the reasons as well.