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Updated over 5 years ago on . Most recent reply

User Stats

97
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Cirilo Villar
  • Los Angeles, CA
38
Votes |
97
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22 Years old with zero credit and $4,000 how can I start REI

Cirilo Villar
  • Los Angeles, CA
Posted

Hey everyone I’m 22 years old turning 23 in December and i want to get started in Real Estate Investing flipping houses preferably and having that return buy me rental properties for cash flow. However, I have never opened a credit card and I always pay for my things straight up even my car. I have zero credit, $4,000, and an understanding for real estate investing but have no clue on specifics. Please direct me the right way to achieve financial freedom by the age of 28 through real estate investing

Most Popular Reply

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1,384
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3,263
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Frank Wong
  • Real Estate Broker
  • Bay Area
3,263
Votes |
1,384
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Frank Wong
  • Real Estate Broker
  • Bay Area
Replied

Maybe I'll be a minority in this but $4k is not enough money to do anything serious. You are wasting your time. Go learn some high-value skills with the money and go make money by increasing your earning potential.  Go into sales something you can control your own destiny.  I like to work with reality, not fantasy.  Probably not the answer you want to hear but its the truth. 

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