Classic Question, New to Me

[Trace Carson]

Hello again everyone! 

My predicament: I have a very, very small amount of capital to invest in real estate and deals and so forth (under $1500). I'm sure many new investors have this problem as well. 

My question: does anyone have any personal experiences or advice about growing this smaller amount into something that could eventually be a good size down payment?

All I can think of so far is trying to be part of an investment being done by someone with more capital than me, and then taking a small percent of the profits if there are any. My other thought is to bring an investor a deal, and hope they want to partner with me on it. 

I honestly have no idea, other than waiting about two years and saving more, how to go about growing my small amount of money through investing. Any help is appreciated, and if this isn't actually possible and I need to take a different path please let me know! 

Thank you. 

[Jerry W.]

The trip of 1,000 miles begins with the first step.  You are on your way by saving.  Doing inventory on your life, evaluating your job or career, etc.  You need to save more or even spend less.  A better paying job or some overtime can help the savings too.  Next you need to educate by reading through the Education section above it has loads of great info.  Once you understand more and have more saved and know your local market you have many more options.  You can look for great deals and bird dog or wholesale for a deal or two or do a joint venture with a more experienced person.  I do not know your area but sometimes a small amount of money will get you into a trailer house or some low cos first time homebuyer loans.  Good luck what ever way you decide to go.