I am in my mid 50's. I have $5k set aside to begin R/E Investing. I want to do Wholesaling, just simple find the property, flip it to a rehabber. This small bit of money is all I have to get going, I am disabled and desparately want to get out of the "under $25k" economic prison cell. I live in Clarksville Tenn. I also feel to look into Tax lien property working but for some reason find it confusing. Please help me if you can.
I also wish to begin by Fixing my credit, and gathering whatever Assets and value I have. i have missed several great oppurtunities by not knowing what I had to work with.
James Staples V
@James Staples I am surprised no one has responded yet.
Yes wholesaling is simple in concept but it is real work. It is hard for a real estate investor to find good deals. It is even harder to find a deal that is so good another investor will pay more for it.
I specialize in tax liens. Yes they can be confusing. In concept they are simple but the devil is in the details. it tend s to be very competitive at bigger auctions. So much so I can't compete. If you want to pursue it I suggest you learn the laws for your area and go to the smaller auctions where there might not be as much competition. - Good luck