with no money no credit
im full time in college
bout $300, no job, no credit(got denied card) is there any way i can flip houses?
how do i find the money to start flipping? i talked to banks and got denied, and credit card and got denied. i know the solution is getting a job. but till than if i were to find a house that was a great flip how would i find the money?
is another investor or family member the only way for me to find funding?
Most Popular Reply
No job, no credit, no experience?
You're not flipping anything real soon. Sorry to be harsh, but it is what it is.
Some will suggest wholesaling. I hate that suggestion for new people, because keeping yourself out of trouble and actually providing something of value as a wholesaler is not beginner's work.
I suggest you learn, read, bide your time and wait until you get out of school and get a job. And by "learn" I don't mean study up on sub-2s, creative financing, assigning options, etc. I mean learn how credit works, build a decent FICO, learn about various conventional financing options, etc.
Then 3-4 years from now, when you are out of school, have a job, good credit and a few thousand dollars, go shopping for a Homepath duplex in Claremont or Newport