Trying to get started

[Willie Felder]

I have been on BP for a few months now and have been checking out the posts, podcasts, etc and ready to get started.  The only thing I am apprehensive because my credit situation is shot because of being laid off a few years ago.  I have started an IT service business that is doing okay and business is building slowly but I really want to get started in real estate.  I live in the Greensboro, NC area and have seen what seems to be some good buy and hold deals in the 36k-56k range

My apprehension has been this.  I have 8k-10k cash available personally.  I know I can secure another 15k-20k from some close business and personal associates if I really needed it, is this enough to get started on deals in this range?  Any advice would be welcome whether you are a seasoned pro or just getting started.

Thanks,

Will