Hello, so I am new to real estate investing. I have started reading books and getting more involved with the BiggerPockets forum because after reading some of the "Success Principles" book, I decided that I am the only one that can make my dreams come true. I have known this but now I have now changed the way I day dream and I am focusing on my goals that will make my dream of becoming a real estate investor for profit and a hobby come true.
So my question is: How do I buy a house with no money down? I currently have a full-time job but I earn minimum wage & I am unfortunately about $5k in debt to my credit card. :(
My second question(s) are: When I do buy a home, how can I pay the mortgage of it without renting it out to tenants? How long does it generally take to buy, close a deal, and later be able to put it back up on the market to resell it? Are people that are going to buy my new home able to see how much I myself paid for the home? What books do you recommend on estimating rehab costs?
Thank you for taking the time to read. I can't wait to hear everyone's different responses so that I can absorb as much information from different people and their strategies!