flipping vs renting

[Jared Pittman]

in my community there are thousands of properties for sale, and only a coupe hundred for rent and almost all of these rentals are over 1000$ a month. i think there is a greater demand for less exspensive rentals here, but i dont have the credit to get long term bank loans for rentals. are there other ways to get money to start gathering rentals or do i just need to bear down and get my credit higher for a year or two

[Mike Pena]

I agree with @Trevor Ewen. 

I know the approach and strategy differ between a flipping and a buy and hold deal. Several variables come in to play ( liquidity, time, goals, financing, etc).  @Brandon Turner is always talking about how important it is to analyze deals. You should run the numbers both ways. Once you have all the info you will now be able to pitch this deal to whomever you are seeking financing from. This may help you decide whether a flip or rental is a better fit for you, too.

Either way, you need to fix your credit and depending on what is hurting your credit it could take longer than a year or two. So the time is now.  

You can always contact the 3 F's to help you finance the deals.  Friends, Family and Fools!

Good luck @Jared Pittman