What should i do

Its not that i am angry i just wanna know if this can improve my life, i mean i dont work becuse of sports and other obligations so right now i have no money to my name and i really want to find somthing, like the stories i have herd and apply them to my life

It will be hard for you to get financing without a cosigner but there are other options for you to make money in Real Estate and also get your feet wet for the future purchases.
You can do a strategy called an Assignment of Contract. Where you will locate the property, assess it for the condition, make an offer. If the offer is accepted, you will then assign your interest in the property to another, but under the original terms of the contract. In this strategy you will split the profit.

Can u explain that any bit because i have no idea what you just said i am Extreamly New to real estate and have no idea where to begin

When I started in real estate I was 18 years old. I purchased a program off the TV just like Dean's. I am now 29 doing investing and coaching for Dean.

You can buy real estate at your age just fine. The hardest part you will run into is people looking at you as though you are too young. Don't let people tell you that you cannot do this business. The age for millionaires continues to drop. Dean himself purchased property at a younger age.

There are a myriad of different ways to purchase properties. When 100% financing was available I would suggest this. Right now if you were to purchase you would be good to work with hard money, private lenders or seller financing. Assignments of contracts are also a great way to work properties if you do not want to own the property.

My first flip I used a hard money lender that paid for the purchase, fix up, closing costs and I did not have to pay them until I refinanced or sold the property. I sold the property five months after I purchased the home. The lender never checked my credit or income either.

This business is the best business in the world. More millionaires have been made in the business of real estate than any other business combined.

Welcome to the DG family/forum as I call it. We're very glad to have you here and that you're considering real estate investing. Nate started at 18 and made a success of it and we have other 18-20 year olds on here also having a go at it. So you can absolutely be successful at this if you learn how, do your homework and take action! Those three keys will guarantee your success in real estate and in anything you desire. We're all here to help you and support you, but you MUST learn as much as you can to remove the risk. I'm not saying it'll be simple, but it's definitely not rocket science either... I really think it's great that you're here and you want to do something to change your life for the better rather than being in the rat race like many of us were taught as young adults. I look forward to seeing you younger investors become successful millionaires!
God bless you,

I'm looking at a property that is in move in condition, but I just found out it's a short sale. Any heads up on this sought of deal?

Thank-you for all your help and motivation.
Raquel

Hi All: I have been to a few classes in regard to real estate investing, and shame on me for not taking action. Scared! Yep, that would be me. But, after taking some serious time out to think about it, the only thing that is frightening... is the lack of knowledge. So, I want to learn and am hoping someone will offer some insight and suggestions.

Bio: Let's just start with not-so-great credit and no money in the bank for investing. Working for a company that we never know from day to day when the next layoff will be... putting in my time to someone who says when I can take a break, lunch, or use the restroom. Investing in real estate is looking pretty good!!

So, my question... with no money to work with... is a hard money lender a good way to go? And if so, how do I find one?

Many thanks for any and all responses

i would look into WHOLESALING, i think that would be your best bet, do a couple of WHOLESALE deals, to build up some CASH-FLOW and then maybe think about doing a REHAB, cause EVEN IF you did get the best HML in the world, chances are you will need some money at some point, like "HOLDING COSTS?", with WHOLESALING you could litterally do a deal with $100.00(earnest deposit) and thats pretty much it

Thank you Sully. You are right, of course. I guess I just wanted to step in with no turning back; however, a little at a time and learn as I go is the best key to success.

Again, many thanks...

karen

Karen, If you know some rehabers, Sully is right with wholesaling. It is probably a real no money down deal. You find the proerty, put it on a contract and then sell the contract to a rehaber. It is a pretty much no risk deal. Make sure your buyers list is up to date....Jan