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Updated about 9 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Monique Howard
  • Indianapolis, IN
2
Votes |
17
Posts

In need of some newbie advice

Monique Howard
  • Indianapolis, IN
Posted

I have am still somewhat in the learning process, but I am really anxious to get started and work on getting my first deal. I have spent a lot of time over the last maybe 5 years reading books and taking courses learning about real estate investing. I just hadn't taken action probably mainly due to fear and just not knowing exactly what type of deals I should go after. My husband and I only have about $10,000 cash to work with and our credit is not great at all. In fact we are thinking about filing bankruptcy. So I am not sure if we would be able to obtain any loans to go along with the money we have. I am wondering is there anything we can do with the amount of money we have to work with and if so what are the type of deals we could possibly start out with? 

Any suggestions?

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