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Updated over 15 years ago on . Most recent reply

User Stats

73
Posts
18
Votes
Tiger Sun
  • Real Estate Investor
  • Weston, FL
18
Votes |
73
Posts

Basics All Set - 18 Year Old With No Money... What Next?

Tiger Sun
  • Real Estate Investor
  • Weston, FL
Posted

OK Guys, so I got my system all set up.

My websites and newsletter system is getting my quality leads on a daily basis.

I have met a nice group of investors in my area as well and got my name around.

So my project was originally a two person plan between my father and I. However, I feel he moves a bit too slow.

But fortunately, I just turned 18 - so I know I have do some things that I wasn't able to when I was not legal, such as buy homes and what not.

So here's the rundown...

I have no money. (Like a thousand dollars)
I have no real estate contracting experience
I have no credit. (currently building it though)
I have marketing and sales experience.
I have a decent buyers list.
I am motivated to get this thing going.

I am looking for a way for me to get properties immediately and either resell them for another wholesaler or get them myself. I was thinking about doing some sort of like flex option thing I heard about, and basically marketing someone else's property at a higher price and contracting homes out that way, but I am not sure what exactly this is. Any ideas?

Also, if anyone knows any great nothing down methods that doesn't require a credit record, I am all ears!

Or else I will be stuck at the slow pace of my father cause he has all the capital :(

Thanks again guys, (one of the best online communities I have been part of so far)

Tiger

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