Just getting my feet wet with knowledge!

[Tyler Worth]

So my cousin does this currently. He buys a house, lives on the house for 1 year and has a contractor upgrade or renovate it. (Still waiting for him to contact me since I have seen this site) Then he sales it. My friend and I are looking to do the same thing, but we have bad credit and no money down. I heard about finding sellers and introducing a contractor or investor, and recovering a check of $500 upfront and after the home is sold squiring a closing check for my percentage cut. This way I invest no money but I invested time. Is this a way of flipping houses as we'll or is it a pipe dream??? Thank you in advance.