No money down. What’s the best way to jump into investing?

[Malia Irvine]

I basically am starting out with zero dollars. I’ve been educating myself and was trying to tackle the aspect as a wholesaler but I’m just not sure it’s for me. I have excellent credit. My ultimate goal is to buy and rehab properties. I have made connections along the way with investors, contractors, etc. I’m just stuck on how to get access to a big lump sum to start me out. One access I found to a private lender required $15k in the bank before loaning out money, which I don’t have. Are there ways to obtain loans without a dime?

[Nicole A.]

This might not be the answer you want to hear, but if you have no savings at all, you really should focus on that first. Re-do your budget. Write every single expense down. See if something can be deleted. Save as much as you comfortably can without also depriving yourself too terribly much.

If you have no savings and are highly leveraged, you're one bad situation from serious financial trouble instead of financial freedom.