First deal with Bad Credit

[CJ Peiffer]

So I’ve been going through tons of forums and articles and tons of YouTube videos from BiggerPockets members and investors but I’d like to see if anyone local can help me with some good first steps toward becoming a successful rental owner, alongside doing fix and flips and possibly fix and holds.

Due to some setback about a year and a half ago my wife and I were tossed into a rat race of bad credit and constant phone calls to pay bills without any idea how to pay them. About 6 months ago I was blessed with an opportunity to get started as a self employed truck driver, making roughly 6k-10k per month depending how hard I work. We have been able to save up a decent savings account, while also taming the creditors with some minor payments here and there, but we are eagerly looking for our first deal as real estate investors.

I’ve heard tons about OPM and investing using little to no money, but most of that is also helped by the fact that most people have good credit, just no savings account to back their good credit.

We are on the opposite side of the play field and I’d like to see if any of the BiggerPockets family could help me with some steps to begin our real estate investing career, even though we have bad credit (for now).

Thank you in advance!