Beginner in every sense of the word

[Dakota Kenney]

Hello, I am new to the forum, and new to REI, flipping, etc. I have done research, read books, talked to a few experienced individuals, but have never done any of this myself. I have a ton of questions as a beginner, but to start most are about financing. I will attempt to make the questions as concise as possible! Down payment: is it possible to achieve any sort of financing without using your own finances? If not, what should I plan for as far as saving up? I don’t make a lot of money in my current situation. But I am experienced in carpentry and am confident I can fix the right property up for a profit. Debt to income ratio: is this my monthly obligations vs my monthly income? Or annual salary vs overall debt? Am I able to utilize my partners income as we plan to invest together? As a beginner, how do I get lenders to take me seriously? It’s intimidating to say: I want to purchase a property and fix it up and resell it. Or to at least say it with confidence when I’ve never actually done it before. That being said, I know the town I am in is a gold mine waiting to happen. There just aren’t people around here that want to put in the effort to tend to these houses. I understand I am all over the place with my questions. But like I said I have no clue where to even begin.