Newbie getting started at the wrong time

[Ali Radhi]

Hello Bigger Pockets Community,

Late last year, I began to seriously explore opportunities in buy and hold real estate (primarily in the small multi-family niche). In March, I had a four-plex under contract that fell through due to inspection. Now, eight months after beginning this journey, I have yet to close on my first deal. I’m frustrated… mostly with myself for not finding a way to make it happen yet.

One of the primary challenges I have faced is funding. While I make a good income, grad school loans have hurt my debt to income ratio, which has made me heavily reliant on partnerships, which have not worked thus far. I have also explored private and hard money options but my lack of experience have made these less viable options.

If anyone has any advice, recommended contacts, or is at all interested in meeting in person or virtually, please reach out to me directly. I am certainly happy to find reciprocal ways to add value as I understand time and attention are finite resources.

Thank you all and I look forward to meeting / working with you!

[Julian Hicks]

I don't want to assume anything but from what you have posted one would guess that you are not financially able to invest into property at the moment, and that's fine. Creative Investing is all about overcoming obstacles and working around obstructions, essentially where I'm getting at is that you don't need any capital to get into the game. You could get into wholesaling which is a relatively simple and low risk investment method. Another low risk-high yield investment method is the Master Lease Option, this method is primarily used in the bigger deal space, giving you the opportunity for large returns. Do some research about zero down investing and find your niche.