Willing to learn

7 Replies

Good morning, all! My name is Joseph, and I'm from Oxon Hill, MD. There are a few things that I want to learn as far as real estate investing and flipping goes. The money that I do have goes toward the rent and bills of the house, so that depletes the possibility of using my own money for anything. I would like to learn to use resources to no money down flips and purchases.

You could look into wholesaling. If you're just wanting to learn more about how to get started with no funds I am currently reading "Nothing Down for the 2000's" by Robert G. Allen and it gives some ways of doing so. The general trick is to find people who just want out. I think it cost me $7.00 on Amazon. Could be worth your time to read. They explain negotiating, cap rates, and other common terminology.

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Welcome Joseph,

Just like Ryan said, you could start out wholesaling or start with sub2.

In both situations, you are looking for motivated buyers in which you can make terms favorable for yourself.

I strongly suggest putting some money aside, because in the end you will need some type of capital.

@Joesph King

Welcome to the community!

A couple of things I'd suggest to check out are these resources:

1.http://www.biggerpockets.com/starthere

2.http://www.biggerpockets.com/files

3.The Ultimate Beginners Guide to Real Estate Investing

They are really great places to get immersed in the benefits and tools of this community!

If you ever have any questions feel free to reach out to me any time!

Welcome to the BP family @Joseph King ! You came to the right place to learn all about real estate investing! Here are some recommendations for you:

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Wishing you the best!

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