All Forum Posts by: Michael Anderson

I am a new Realtor with no business, trying to do wholesale deals but haven't closed any. I have no assets no work history no money. I'm 22 fresh out of college and ready to make money and succeed. How do I acquire loans or financing to capitalize on the flood of foreclosures that are coming.

@Craig Anderson

Thank you for the insight Craig

@Jon Coleman

This helps a lot, I will definitely take action thank you.

Thank you for that insight @Jon Coleman

I am aware of all the specifics, low downpayment, the state would be Arizona. I feel as though I have no questions on executing this plan. I guess my question is what can I do now to build the funds needed in order to start flipping and gaining that hands on experience. (I’m like the freshman on varsity anxious for his time to shine). The only way I can see myself building the funds is by working at a W2 for a while. Being a new agent is a bit worrisome. I network every chance I get hoping to land a mentor who may have the funds and is looking for someone hungry like me. I can bring value by finding them deals as I know a few wholesalers, but also representing them as their buyers agent. Yet still no traction.

New Realtor no business, no money, no help. I’m itching to jump into investing. My plan is to get my first home in 2 yrs which I will house hack, after a year do another then move out of state acquire a property in a great location and Airbnb that home. In between that time I’d like to flip homes. I am losing my mind sitting on this plan because I have no funds. What can I do now?