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Updated about 15 years ago on . Most recent reply
![Jorvon Smith's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/42444/1621407229-avatar-elder_jorvon.jpg?twic=v1/output=image/cover=128x128&v=2)
Is it true??? Buy and Sell Real Estate with no money/Credit!!!
Good Morning,
I am just trying to figure out, is there really a way to buy and sell real estate without cash/credit. I am tring to flip REO's, I come across delas "all day long" here in So. Cal, my method of payment is transactional funding, however everytime I think I am progressing or coming close to having an offer excepted, I am being told that my "type of funding" is not excepted. Yet I hear of people all over (esp. in the state of Fl) filpping all types of property with the same method of fundong, and from the very same company I use. I am now wondering if it's the California market. So again I ask, is there a legitamate way to flip properties without using cash/credit? All advice, suggestions are welcomed.
Many Thanks and GOD BLESS
Jorvon
Most Popular Reply
![Michael Rossi's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/19/1621345230-avatar-mikeoh.jpg?twic=v1/output=image/cover=128x128&v=2)
The answer is to work your butt off; fix your credit; and build up some cash!
If you haven't figured it out yet - here's the truth. Yes, you can buy property without your cash and/or credit. You can also hit the mega-lotto and become rich beyond your wildest dreams. Buying property without cash and credit is more likely than hitting the lottery, but starting a successful real estate business without cash or credit is not.
If you want to be successful at ANYTHING, it requires HARD WORK. If you want to start a successful business, it requires a LOT OF HARD WORK and some cash and/or credit.
Believing anything else is simply delusional.