I've just decided that I want to go into REI, I'm 19 years old and have no money. I'm looking for tips on how to start investing with little money and tips on how to wholesale in general. If anyone has any pointers I would appreciate it so much if you could reply to this thread. Thank you!
Wholesaling is a great way to get the ball rolling in real estate.
Here are some things that may help getting started:
Do some research in the market you plan to gather contracts in (Driving for $$$, skip tracing, Redfin fixer-uppers)
Source a pool of cash buyers. (local REI club, craigslist listings, fix and flippers)
Decide whether you will sell the contract or double close.
Make sure to do plenty of due diligence but don't fall into 'analysis paralysis'. Feel free to PM me if you have questions, I am starting a wholesaling company in the SE Michigan area myself!