Newbie just getting started

[Kathia L.]

Hello my name is Kathia

I'm just getting started with BP podcasts and blog

I've just downloaded the starter book haven't read it yet.

I'm I the suburban Chicago area but I plan move out south to South Florida Miami area.

I just signed up this week for online real estate agent FL pre licensing courses since that's where I plan to be and work. on several podcasts I heard that it's helpful either to have an agent on your team or be an agent yourself.

Any advice on best way to get started and build capitol wihout having to take out any loans would be great I'm leaning towards wholesaling first and rental properties once I get some capitol.

Thanks

[Bryan L.]

@Kathia L. - You likely won't learn anything about buying "subject to" in your real estate agent books. When you buy a house "subject to the existing financing" (sub2), you are basically getting the deed, with the original mortgage left in place. In a sense, it's like taking over the seller's payments without getting their bank's approval. You have to be careful about how to work out the insurance. Get some good education first before you do this.