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Updated about 6 years ago on . Most recent reply

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Tramone Russell
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4
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How Do I Start Investing With Little or No Money

Tramone Russell
Posted

Life has been taking its course and has now led to a desire to begin real estate investing. So far I have been doing a ton of research to find how to get started. In my current situation I have no money to put towards investing, which has led me to read a lot about getting started with no money or credit. But there always seems to be something that involves money. I understand that it takes money to make money, I really do. But as of right now I don't make much and every time I visualize myself becoming a successful investor without much money the idea is really daunting, and sometimes seems impossible. I am at a low point in life, probably my lowest, and I very desperately want to become financially free. If anyone could please help me out with any information/advice or point me in a good direction it would be greatly appreciated. Just an FYI to anyone that reads this I've read most of the beginner content on this website, just wanted to add that so hopefully I don't receive information I've read already. I appreciate anyone who even takes a moment out of their day to read this, God bless you.

Much Love,

Tramone Russell 

Most Popular Reply

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473
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Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
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473
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Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Replied

@Tramone Russell

Hey Tramone, thanks for reaching out. Do you have a job, and could you qualify for a loan? If so, house hacking is a great way to get in the game with little money. You could get a fourplex with an fha loan. 3.5% down, you live in one unit, and rent the others...

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