If you had $8000, but poor credit, what's your REI strategy?

[Brandon Spearman Sr]

BP, hello family. I am a novice REI investor. 2012 was not the best year for me, and my credit score was damaged. 2013 is starting off bright, and I want to make an investment.

If you had $8000, but poor credit, what would your REI strategy be? I'm not looking for an owner occupied deal, I'm already wrapped up in a 1 year lease for a townhome.

Lease Purchase/Option on a property, then rent the place out to a qualified renter?

Purchase a Tax Lien Certificate on the steps of the courthouse?

Let me know what you would do. Thanks a lot.

[Dell Schlabach]

I would buy fix and sell house. Dont know of a faster easier way to make a lot of money, legally.

I would borrow all the money for the projects, keep the 8,000 for emergencies, or to live on until house sale payday, unless you have a job with regular income.

Its a lot easier to borrow money and run projects when you have a bit of a cushion if/when something goes wrong.

Thats me, dont know what you skill talent or interest level is. If its handyman or project management, rehabbing may be your best bet.