Updated about 16 years ago on . Most recent reply
How to start with nothing?
Assume I have little equity, questionable credit, and relatives that aren't wealthy, but I still have the passion for REI.
How do you suggest one start? Thanks in advance!
R Sean
Most Popular Reply
In my vocabulary, "investing" refers to deploying money for returns, so you cannot invest without money. But there are many things in RE that one can do without being an investor. Bird dogs, wholesalers, brokers, etc. are in the real estate field without being real estate investors. If you can manage a project, even rehab is possible if you can convince a hard money lender to lend to you.
BTW, you had a million bucks yesterday. What happened to it?