Young broke and bad credit

[Lombosco Dixon]

Hello , bp I'm a young man that lives in Central New jersey who would love to get started in real estate investing I've been reading a few books and I'm starting to get the knowledge with out actually doing any actions to perfect the passion. I've tried the gurus way wholesales but everything I find is on the mls and I don't have capital to tie up the property I've tried to buy a foreclosed house numbers were right but by time the closing happened the market changes so fast the the lender backed out and I lost 5000, from small mistakes. I want to start everything right away but A I wanted to see if there's a mentor who can help me out on deals or at least a partner who can help B is there anyone that can help with my credit and fast . I would need credit for creative financing of course C I know a few hard money lenders that would do 100% under certain circumstances but is there anywhere or anyway I can start making capital to do phase one of my business and get pulled out of this sink hole then go to phase two which is actually build the business

[Jay Hinrichs]

quit wasting your time on get rich quick.. save your money fix your credit.. if you want in the game get in the game.. instead of doing what 95 of those dreamers do an drop 5k on mailers or whatever and simply lose it.. use that money to get a RE license and a REal education in the industry.. then go to work for a brokerage that specializes in what you want to do.. this is where you will actually find a mentor.. get on a sales team.. go to work as a apprentice in a commercial brokerage get paid to learn .. this BS of thinking you can go from zero to RE investor with no money and no credit is a fast way to total and absolute failure  in the industry.. you will end up doing something else until you climb out and realize you need both money and credit to be a successful investor.  Or you can listen to all the dream merchants out there.