There has got to be a way...

[Tiffany Loftus]

I know I keep seeing and hearing about people who start with little or no money. My husband and I decided recently that we need to come up with a real plan to build wealth for our family. We currently have a small business doing flooring, carpentry, and some small home remodeling projects, but with 8 children we need to do something that's going to actually take care of our family. The problem is getting started. We're not in a place where our credit can get big enough loans yet, and just about everything we have goes into bills and taking care of our family. 

So, with my husband knowing construction and carpentry he can do pretty much all of the labor with help from our sons. We'd only need pros for electrical, plumbing, and HVAC. I have no problem finding the deals because I know Tulsa and surrounding areas very well, and soon I'll be taking real estate courses. We have been blessed to already have really great local relationships contractors including one of the contractors we sub for who has agreed to walk multiple properties with us to assess what needs to be done. 

It seems like everything is lining up for us to get started, but this stupid money issue is holding us back. 

Can I get some replies from people who started with little to no money? How did you do it? 

I know we can grow something awesome with the way our family works as a team, but some days its discouraging to see what we could be out here doing...but knowing we're held back by the lack of finances.

[Mack Benson]

I think there are a couple ways you could go about it. The first, and most common that I hear about, is to partner with someone who has the capital. You can provide the labor and the deal, they can provide the money. Another option would be a hard money lender but they usually only want to work with experienced investors so it could be hard for your first deal to get them to take you seriously. One way you may be able to solve the experience issue would be to put together a pitch deck with some of your husband's previous work and your business experience. It doesn't need to be overly fancy but get the point across that you have the skills to manage and complete the project on time and on budget. You can source the deals and only need them for the capital portion.