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Updated almost 10 years ago on .

User Stats

3
Posts
1
Votes
Andrew Smith
  • Rochester, MI
1
Votes |
3
Posts

No money down, medium credit score?

Andrew Smith
  • Rochester, MI
Posted

Hey Everyone, I wanted to know if anyone knew how I would be able to invest in real estate with no money down, and medium not so impressive credit score. I'm a college student and am trying to get into rentals. Just not sure how I can do it with little to no help at all with investing. I'm trying to start off with a home in the range of $20-$30,000. I'm capable of fixing things up myself.. Would wholesaling be a better choice if i'm just starting out? 

(Other Questions):

-What would the obstacles be and how can I move around them?

-Should I look at for sale by owner properties? If so what should I ask them so they would go for my offer. 

-When I call on properties what questions should I ask the owner or agent, so I don't end up with a faulty home full of hidden surprises. 

-How can I market/ advertise the property so I can get a renter in asap, or how can I attract investors looking to buy from me if I were doing wholesaling. 

Hope this makes sense, i'd really appreciate comments on this post. 

Cheers,

Andrew.