Newbie Real Estate Investor

[Casey Felts]

Hello all! I am in Surry County, North Carolina and have been listening to BiggerPockets for almost a year now. I am particularly interested in fix and flips as well as STR. I have actually talked with a buddy of mine who is a real estate agent and I am planning to invest in one or the other this year.

My question is has anyone found a creative way of investing for someone who has very little capital to start and bad debt to income ratio (student loan debt, credit card debt, car loan, etc). I am wanting to get serious about starting my journey in real estate investing but just need a little guidance on where to go given my situation and if anyone might be interested in doing a JV.

I am open to all suggestions and would love to get some feedback from you all! This is my first time posting and I am excited to engage with other like minded people. 

[Jayme Currie]

@Casey Felts House hacking might be your best option given your financial situation. You could purchase a small multifamily (1-4 units) with a 3.5% down FHA loan and use the other units as short term or long term rentals?