Flexible loans to get my foot in the door in Real Estate

[Deanna Miller]

Hello everyone, 

Im trying to see what options there are and where to look for an transactional loan and what the requirements are in order to get one.  Currently my credit isnt the best due to student loans that i received years ago that im still having to pay on today.  (side note: I am currently working on my credit but its a slow painful process). I'm new to wholesaling in the real estate industry and trying to get the funds to get real estate licensee either as a broker (which is what i prefer and dont mind doing the extra hours in classes that it takes to get there) or an agent. If anybody could point me in the right direction, Im open to advice and have the willingness to learn everything i can that will help me in my journey to reach my goals and produce a better life for me and my kids. Im all they got so im just trying to be all I can be for them and me!   

[Account Closed]

Not sure how this varies state by state, but you need to be an agent for 2 years here in Ohio before you can become a broker. Also, definitely try to explore an FHA loan as the rates are great. Otherwise, you may need to explore creative financing options, like private money, hard money lender, or creatively financing a deal (Subject to, seller financing, etc.). There is plenty of info regarding these topics here on BP.