Where To Start????

I am ready to go out and look for my first real estate deal. I have gotten a lot of conflicting advice as to what type of deals to start with. Some say lease options, some say sub2, some pre-foreclosure, some say single family and rent for cash flow. Any thoughts? I am just DYING to get going!!!

Comments(4)

  • cjmazur20th June, 2004

    What are you most comfortable with?

    That's where I would focus. Also, try to geta feel for what the competition is doing.

  • dealfinder21st June, 2004

    CJ gives some good advice here. You need to decide what you are comfortable doing.

    Lease Options, Sub2's, etc. are some techniques used. Pre-foreclosure, foreclosure, REO involve distressed situations.

    First decide what type of deal will appeal to you and then get educated on that type of REI. Good Luck.

    Dave
    [addsig]

  • irieinoh21st June, 2004

    Thanks for the responses. I think I see where my problem lies. I need to just pick one and get moving. I am trying to over complicate!

  • cjmazur21st June, 2004

    That's right. esp. in the begining.

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