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Updated almost 7 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Efrain Torrez
  • Del Rio, TX
3
Votes |
9
Posts

Bad credit and little to no money

Efrain Torrez
  • Del Rio, TX
Posted

Hello everyone!  I am a new investor and very excited to get started looking for my first deal.  I' in the educational phase currently just analyzing a bunch of properties just to get good at it.  My question is this.  My credit is shot (currently working on it but it'll be a while) and have only a little over $5k.  Should I be focused on building my credit and saving money only right now or is there a way to get into my first rental property to get my investments started?  If there is a way is that even a good idea for me right now?  Thanks in advance for your advice!

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