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Updated over 5 years ago on . Most recent reply
with no money no credit
im full time in college
bout $300, no job, no credit(got denied card) is there any way i can flip houses?
how do i find the money to start flipping? i talked to banks and got denied, and credit card and got denied. i know the solution is getting a job. but till than if i were to find a house that was a great flip how would i find the money?
is another investor or family member the only way for me to find funding?
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No job, no credit, no experience?
You're not flipping anything real soon. Sorry to be harsh, but it is what it is.
Some will suggest wholesaling. I hate that suggestion for new people, because keeping yourself out of trouble and actually providing something of value as a wholesaler is not beginner's work.
I suggest you learn, read, bide your time and wait until you get out of school and get a job. And by "learn" I don't mean study up on sub-2s, creative financing, assigning options, etc. I mean learn how credit works, build a decent FICO, learn about various conventional financing options, etc.
Then 3-4 years from now, when you are out of school, have a job, good credit and a few thousand dollars, go shopping for a Homepath duplex in Claremont or Newport