Poor credit will stop you from getting a loan.It does not necessarily stop you from getting into real estate.Poor credit might stop you from getting an auto loan, but it won't stop you from getting a car.There is a difference.With poor credit, just pursue other options UNTIL the credit is repaired.

If your poor now and your dad used to smack you in the head with a board when you were 7, that does not mean you need to remain poor and scared of men for the rest of your life.

I have already spent a great deal of time pooring over these forums to expand my knowledge.

Sounds like you hardest decision has been made, GETTING STARTED !!!

I make 20K/yr from my graduate stipend and have no deductions.my taxes are as easy as it gets.i'm also poor

However, with the poor job market, I may have a more difficult time flipping the contract. 2) Has anyone utilized those websites that sell motivated seller leads?

The way I see it....you have to establish contacts with the individuals who are making the ultimate decisions about the disposition of the property.

There are ways of covering up a poor market with artificially low interest rates, injection of capital which causes inflation, and other little tricks.

In the end, though, you have to make your own decision if you can't agree on a course of action together.

I inspect the properties myself on the initial walk through and then live with my decision.