Help me flip!

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Hello Bigger Pockets Community,

My name is Anthony and I currently live in Brooklyn, NY. I have always been interested in real estate. Even to the point where I received my salesperson license but haven't really perused the sales aspect of it. I am more passionate on investing in any way possible (flip, hold properties, commercial, sublet rentals etc. ). I have been reading the forums to try to get some advice. But I am hitting a wall.

The fact that I am 21 with only 10k saved doesn't really open to many doors for me. In particular, the NYC Metro area is expensive and most people want 20% down for a purchase. I am looking for some type of guidance of where I can start with my current situation. I'm not looking to wait a couple of years and save more because TIME is MONEY! 

Any advice would be greatly appreciated! Thank you in advance!

-Anthony

[John C S.]

Thanks I'll be sure to start my search now and I'll keep you posted

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I can't believe all the support I have been receiving on this forum. 

As of now I'm looking in the Yonkers/White Plains area for a co-op that allows subletting. In that area the prices are reasonable around the 80k-120k area, so it would be possible to make a down payment on the property in the very soon future. The rent prices tend to stay in 1100-1400 area for a 1 bedroom. If I find a good deal I could be looking at $400-$600 cash flow after the expenses. 

I can't wait to get started, if anyone is looking for a partner or a "newbie" to tag along while looking for investments, be sure to send me a message. I would appreciate the help and experience! 

Thanks again everyone, I couldn't be anymore grateful!

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@Aldo Ricaurte I have been looking into wholesale, but I don't know enough investors to pick and chose who to assign contracts too. I feel like a need to have some type of reputation before I can successfully start wholesaling. 

Unless someone can break down key factors to look for when wholesaling a property. I have been reading the guides and watching some video but I feel like I wouldn't know how to identify a good property to give to a rehab-er. 

Plus how does the compensation work anyway? Is it similar to deed-flipping?