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Updated over 5 years ago on . Most recent reply

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investing into real estate with no money & bad credit

Posted

I need help !! How can I star investing into real state with no funds and with bad credit ??? How can start heading in the right direction

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10
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Ted McBride
  • Myrtle Beach, SC
3
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10
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Ted McBride
  • Myrtle Beach, SC
Replied

I've read that you can get started in wholesaling with little or no money.

Do the driving for dollars for a local investor. It's good experience and you may get yourself a mentor. Really anything that could add value to his or her business. I just like d4d.

My best advise is to work on your credit. Dispute collections and get yourself a secured credit card. They come as low as $50. Use it for a small purchase say between 10 - 20% of the card value. Then make the minimum payment (s) on time. This will help bolster your credit rating. It's not a fast or easy process but it can be done.

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