Getting started with zero money and bad credit.

[Matthew W.]

I have zero money and bad credit but want to start "flipping" houses. Any advice for financing and/or how to go about getting started in the business would be greatly appreciated. I have been fascinated with REI for a long time now. I want to take my interest to the next level and actually get involved. Thanks for the help.

[James Hiddle]

Wholesaling or bird dogging will be ideal to build up cash reserves so you can eventually rehab flip.

Partnering up with someone might be more difficult. Some will want you to have experience and some will probably want you to have something into the project. You can however invest your time into it and that might convince someone to partner up with you. You might also want to make a business plan outlining the project including goals,etc.

Also take into consideration a mentor in your area. They might take you on as an apprentice and you'll learn a lot from them and gain experience as well.