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Updated over 4 years ago on . Most recent reply
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Small Business, Low Income & No W2 - Where To Next?
My GF and I own a growing online fitness business that is currently breaking even. Our goal over the next 90 days is to take on a cash flowing asset to start paying off our biggest liabilities. Growing my business is our biggest priority but RE is a hobby that I work on after hours and can't wait to get started on. I'd love some ideas on how others got started in a similar situation!
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One or both of you may need to get a job; otherwise, financing is an issue. You can purchase properties using owner financing or private capital but that's a job as well and many private lenders/investors will expect a track record. Investing in real estate with limited capital/borrowing capacity is an uphill battle.