How do i go about purchasing a property?

[Moises Rafael]

Found a property i saw on Zillow that's for sale. The property is a duplex here in Lewisville Tx & definitely needs work. I haven't made an offer yet simply because i have no money(to buy or fix it) and not the best credit. I'm also assuming the house is by agent and I'll definitely fail their screening test. What are some ways i can acquire this property? I'm looking to rent it out. Thanks

[Bob Okenwa]

You can house hack it. If you have credit up to a certain level, most counties do down payment assistance and have other kinds of grants that promote homeownership for people who don't have a lot of money of the greatest credit. FHA loans are geared towards people like this.

If you are just looking to purchase and hold as an investor, then having no money and no credit are two things that make it very difficult to acquire property. Find a partner that has both and go from there.