I want to start making money ??

I want to start making money ??

Residential Real Estate Broker · Glendale, CA · Member since 2008 · 4 posts · 0 votes

I want to start making money ALREADY ! Im soooo sick of being broke and seeing my family (that was very wealthy before) depressed stressed and unhappy. I know that in order to start making money I will need to have it. (But I dont-well not much). Is there anything I can do to make money without having much?
I am a current home owner and would love to start purchasing property fixing it up and selling it or ANYTHING !. I heard of a finders fee if I find property for investors ...also I heard of programs that came out that will give me funds to buy without anything down...any suggestions or ideas ?

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  • Riverside, CA · Member since 2008 · 49 posts · 2 votes
    17y

    From my understanding you can wholesale and birddog for little or no money. There is a lot of info on this forum that can help you out. I dont have much cash on hand so Im looking into wholesaling to get started.

  • CA · Member since 2008 · 277 posts · 11 votes
    17y

    Aj L is right: You can either wholesale or bird dog with no money and no credit. Otherwise, there's not a single hard money lender out there who will lend to you with bad credit and no money, particularly in the Inland Empire of CA.

  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    17y

    Helga, your best bet is to do some bird dog finding. If you can bring buyers to a wholesale investor they would pay you. It is not easy or cheap to wholesale, anyone who tells you that is not a wholesale investor. If you can bring me a real buyer you will get paid!!!

    Curt Davis - KAIZEN Realty538 Reviews
  • CA · Member since 2008 · 277 posts · 11 votes
    17y

    Curt meant, "If you can bring me a real SELLER you will get paid." But you can't just prowl the Internet and forward listings and FSBOs to the wholesale investor. The wholesale investor will expect you to qualify the seller/property and otherwise do the legwork that the wholesale investor would rather not do. For that, he (or she) will pay you a finder's fee.

  • Riverside, CA · Member since 2008 · 49 posts · 2 votes
    17y
    Originally posted by Curt Davis:
    Helga, your best bet is to do some bird dog finding. If you can bring buyers to a wholesale investor they would pay you. It is not easy or cheap to wholesale, anyone who tells you that is not a wholesale investor. If you can bring me a real buyer you will get paid!!!


    Curt, I know its not easy to wholesale. You mentioned that its not cheap either. When reffering to "cheap", are you talking about earnest money when doing a wholesale? What are other costs are associated with wholesaling besides that and marketing?
  • Real Estate Investor · Vancouver, WA · Member since 2008 · 387 posts · 8 votes
    17y

    Buy these 2 books:

    Buying Real Estate Without Cash or Credit (Paperback)
    by Peter Conti

    Flipping Properties: Generate Instant Cash Profits in Real Estate (Paperback)
    by William Bronchick

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