All Forum Posts by: Michael Lerch
Michael Lerch has started 63 posts and replied 203 times.
Post: What would you do with $1,300 as a newb wholesaler?

- Investor
- Grand Rapids, MI
- Posts 224
- Votes 40
I have my LLC and I've dabbled in freedomsoft (not what this post is about), but I'm stuck on what direction to take with my funds.
I have a little over $1,300 in my bank for a down payment and marketing. Now, if you were me, what would you do with that as a newb wholesaler?
Should I find a good REO deal and plunk down the $1000 down payment to get my first deal underway...
OR
Invest around $1000 on advertising and networking (website + SEO, Adword, direct mail, freedomsoft/realquest/biggerpockets pro, REI club, BNI, etc...) to source out a bunch of new deals that aren't even listed on MLS that I can get with less money down?
What do you think?
Post: New Wholesaler Grand Rapids, MI

- Investor
- Grand Rapids, MI
- Posts 224
- Votes 40
I don't want to ruffle any feathers, but I do want to network with people so if you're any kind of investor or wholesaler feel free to follow me and I'll follow back. No need to post details and such here.
Thanks for the warm welcome!
Post: New Wholesaler Grand Rapids, MI

- Investor
- Grand Rapids, MI
- Posts 224
- Votes 40
Hi everyone,
Just getting started in wholesaling real estate in Grand Rapids, MI. Feel free to contact me to network!
Thanks!