I'm New And Scared

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I've found lots of information, and I see deals everywhere I go these days. Which is beter, being a wholesaler or being an investor?

Thanks
S[ Edited by Sourcefinance on Date 01/02/2004 ]

Comments(2)

  • Tedjr2nd January, 2004

    Not enough information to really answer. Really depends on the type of investing you want to do. Flipping is good for no risk and some quick small profits kind of like a ticket scalper at a ballgame. To be a ballplayer takes a lot more work and of course risk. You can play the game several ways too. Do rehabs where you buy and fix and sell or keep for the long run and be a landlord or lease with option to buy or sell with owner financing. The latter is kind of like being a banker and you are making money on the financing but now really being a landlord until a default occurs. Just my two cents worth to your question. you need to decide what best fits your style

    Good LUCK and HAPPY HOLIDAYS

    Hope this helps some

    Ted Jr

  • bgrossnickle2nd January, 2004

    You should sit down and write up some goals that take into account your current money situation, your need for money, your time constraints, etc. Then match your goals with the two different techniques to find the best fit.

    There is a free article at http://groups.yahoo.com/group/realestateinvesting/message/5799 that discusses some basic goal setting.

    Brenda

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