senior in college: goal is to flip

[Maria Antonia A Silva]

Hello! My name is a Maria, I am currently a senior in college about to graduate and my goal this year is to flip a house as a way to get into real estate investment. I plan on holding a full time job and do this in the afternoons in weekends and am using my time before graduating to learn and connect as much as possible. Now, I have heard a lot of the podcasts and there are things I do not fully understand. As you can imagine, I am as broke as college student comes, most my money goes towards my monthly tuition bills (I work part time as of right now). When we hear stories of people who had close to no money and were able to buy a property and flip it, how do they do that? I've looked into FHA loans but that wouldn't include any money for fixing up a place, and FHA 203k isn't meant for flipping... I understand that you can go after private lenders, but what are other options? Do people just take out a loan for the mortgage and another loan for rehab?

[Ofer Eyal]

@Maria Antonia A Silva Brandon Turner's Investing in Real Estate with No (and Low) Money Down has tons of strategies to choose from. And then read his other books and other's books on the subject. 

Especially because you are broke - get yourself very well educated. Invest in the right knowledge. Don't just listen to podcasts. Listen to and/or read books. Those contain the full and detailed knowledge. This will cost you very little, help you avoid very costly mistakes and open the gates to success.

YOU CAN SUCCEED. Just get educated and act on this knowledge with focus and grit.

Good luck!