Hi everyone, i am married with 4 children and I am very interested in making a profit in real estate, my main question is..is it really possible to flip real estate with a 500 credit score and no money at all?
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Hi everyone, i am married with 4 children and I am very interested in making a profit in real estate, my main question is..is it really possible to flip real estate with a 500 credit score and no money at all?
...You will know that it is. Read, Read, Read, Study, Study, Study. Go fill out the info on yourself so we know a little more about you and go read through the forums as that is were all the info you need to know about is located...
Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"
Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...
F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!
ok thanks
yep study and read
Not Everything Faced Can Be Changed
But Nothing Can Be Changed Until It Is Faced
NW Home Investments LLC
www.nwhomeinvestments.com
In addition to the read & study portion understand how to "read" people, listen to them & obtain as much info as possible. Then go out & wholesale properties.
Welcome to the DG Family,we are all here to help each other achive our goals.
Yes you can flip real estate,but as others have stated,read the books,do
your due diligence and thing will fall into place.
whurndon
H&H PROPERTY SOLUTIONS LLC
Yes you can, Yes you can. No money, no credit, but a ton of studying, reading, asking questions and staying on this site. Do this before you jump into the trenches of Real Estate Investing...Jan
First ask yourself if you are looking to get into a deal and make a lump sum of money then get out (this is a great way to build seed money). Or are you looking to build residual income through rentals?
Lump sum money would be a fast cash strategy
residual income would come from cash-flow techniques.
Fast cash techniques
bird-dog (no money down)
assignment of contract (no money down)
double close (no money down)
buy & sell
buy, fix & sell
Cash-flow techniques
rentals
lease options
sandwich lease options (no money down)
seller financing (possible no money down)
The key is to determine what you are trying to accomplish then what resources you have or can use.
for example: if you are looking to make a lump sum of money and no money or credit to put into a deal then you'll want to use bird-dog, assignment of contract or double close.
there is a ton of info on each of these subjects in this site, it is awesome!!
Wish You Well
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125