Im starting off in real estate and thought wholesaling might be a good idea but, that does not provide me with the residual income that I need. Im looking to purchase multi units to rent out, but have 0 capitol to start, how an I go about this ? What are my options ?
You need to save money. Getting a multifamily with no money down that will cash flow is like finding a unicorn. You also need to have adequate reserves for when something breaks. If you want passive income with no money and no work it isn't going to happen, you're going to need to provide one or the other and most likely both.
So basically all of this Jay Morrison Academy and all of these popular Real Estate Gurus are lying and I shouldn't waste my time.
Great I didnt need to spend $10,000 for a consultation to find that out. Thanks.
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