WHAT CAN A NEWBIE DO? BAD CREDIT! NO OPEN DOORS!
If you are a Newbie thats Primed, Ambitious, ready to be all in with Real Estate Investing, but you have "NO" avenues to secure funds for your initial investment due to bad credit. You don't know anybody that can provide Private funds by way of Hard Money etc! You don't want any partners because you've been burned before. Which initially caused the bad credit issue! You've started to save but don't have quite enough to even purchase a decent BRRRR at this point.
What can a NEWBIE do to overcome this?
This is an obstacle I've been dealing with for a while now. My only solution is continue saving everything possible. I continue to look at properties in markets I wish to invest in. Read self help RE book, Write down all of the ideas I wish to accomplish & hoping a good deal will still be available for purchase. With the possibility of prices coming down due to the virus makes me even more eager and wanting to jump in.