How to start with no capital and credit card debt

[Karla Bazan]

Hi, I have heard many things about wholesaling, but I don’t know where to begin. My dream has always been to invest in real estate, and I was setting myself up for that financially. Unfortunately, last year I went through some pretty hard times that dragged me into credit card debt. Now, I am waiting for my brokers exam date and I’m excited to get started, but I don’t know where to start. How can I make money with no capital, and with my income barely covering my credit card payments and living expenses? Any advise will help. Also, I want to add that I have started working on a mailing list for wholesaling, but I’m not very confident in that. Thanks, Karla

[Tom O.]

Pay your debt and scrape up the 3-5 percent or so you'll need for a two unit. Live in one unit and rent the other.