No credit and need capital

[Anthony Shakir]

I'm 18 and new to the real estate business. I do not have a job yet and need capital. I've applied for endless amounts of jobs to build capital to get a loan, but none have gotten me anywhere. I want to get enough capital + loan for a rental condo that will produce a steady cash flow and learn as much as I can about real estate as I can. I will later go into fix and flips. Is there anyway I can get capital without credit? And do you think this is a good plan. Please feel free to critique with anything helpful.

[Tyrone Green]

Wow, @Anthony Shakir I wish I had the gonads to step into this game when I was 18..*sigh*..anyways..

First off, if I were you I would get a JOB, Sounds like you really need to save money. Get a job in an area of RE that interests you so you can gain on the job experience. Its great to have big goals but also be realistic about your situation. You are still young so I don't think a loan is an option at this point (how will you pay a loan back without a JOB?).

Keep applying for JOBS, eventually you will get hired.

And lastly, when it comes to  building your RE *business* the property or the real estate is incidental, don't leverage deals with loans, leverage them with your training or your skills.