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Updated over 6 years ago on . Most recent reply

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David Medina
  • Brentwood, NY
6
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39
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How would you start?

David Medina
  • Brentwood, NY
Posted

So I am new to this. I desperately want to start investing so I can make a difference in my life and the life of my family. I want to start either wholesaling or flipping. I am in a cash poor position with really nothing on hand to use on my own.  I dont have a team yet and have no experience at doing any of this. For those who are doing this: What would you advise on how to even start in my position? I will be watching tis coming weeks webinar on the 90 Day Challenge to getting your 1st property before the end of the year. I am reading as much as I can right now and trying to learn. 

Most Popular Reply

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1,023
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750
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Jim Pellerin
  • Real Estate Consultant
  • USA
750
Votes |
1,023
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Jim Pellerin
  • Real Estate Consultant
  • USA
Replied

If you dont have any funds or limited funds then you have the following options:

1. Wholesaling

2. Lease Options

3. Flipping using joint venture partners

4. Rentals using vendor take backs, joint venture partners.

Basically you need to use creative financing. 

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