How to win in real estate with a poor economy??

[Brian VanDussen]

I am 31 and love real estate. I've done some flips in the past(6yrs ago). Now, living in Michigan, the economy isn't that great. I want to get into some rentals again and start building a real estate portfolio. My credit score is 650, but has a foreclosure due to a rental that was a bust. I had lost my job and renters left town. I've looked at hard money lenders, but you need to own your own home which I currently do not. It's a great time to buy but getting financing is already hard and getting tougher. I would like any advice you could give me. Thanks and have a prosperous new year.

bjvd31