Start Investing now or wait a year?

[Yisroel Kaufman]

Hi people, I really need your help making a decision. I've learned a lot about real estate investing. I decided to start with flipping single family houses. I even made plans on how to invest with creative financing I read a lot of books includingJ Scott’s book, (both of them), and Brandon’s book on how to invest with no money down. I finally feel that I'm ready for it!

The thing is, that I recently found a great job where I can save about $400 a week (it’s a part time job -as a teacher- where I work till 3 pm).

Another thing, I have been approved for a credit card for the first time in my life.

So here is my question: Should I start my RE business now and I know i will spend the money for a lot of things that comes in the way by starting a business including a car which i now don't drive...

Or, Should I wait a year and save up the money for my first flip and in the same time build my credit to be able to lend the rest...

Or maybe there are other suggestions for me?

Now everyone, please take a moment to share your opinion, it will really help me a lot and I’m pretty sure there is more members here with the same or similar questions.

Thank you in advance!