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Updated about 7 years ago,
Work on credit before getting started in real estate?
Hi, everyone. My name is Gabriela and I'm from Houston, TX. My questions are, do you need credit to start wholesaling? Do you need credit to acquire a hard money loan?
I have money saved up, but I am having a difficult time deciding what to do with it. I would like to spend it wisely on something that will be beneficial for my future. Should I start wholesaling to jumpstart my career in real estate or establish credit by buying a computer (I'm a student)?
Shipping container homes intrigue me and my goal is to take on that kind of a project some day. I have enough to purchase a shipping container and I could establish credit that way as well. However, I understand that is a whole different ball game that I should probably hold off on.
Any tips/advice? I would really appreciate some help. I'm trying to figure out how to make things happen instead of believing I can't right now.