Hello Club! Hope everyone is having a great day. Let me get to my question. I am a beginning investor and need help. I have been working on my credit and I jsut found out that my fico is just above 600 now, Hallelujah. But I am finding it hard to find investment property with a good amount of equity in it or even get financed. I am not looking to get rich quick but I am looking to purchase property for rent and to flip: initially to build capital. What should I do? (I really want your HONEST response, dont worry about my feelings, I need true responses please)
Have you thought about doing some wholesaling or birddogging until you can get your credit score up to a reasonable spot for financing. Start looking for buyers, once you find them, start looking for houses. Then introduce them in exchange for money.
Eric Medemar
I never heard about birddogging? what is that? I have heard of wholesaling but not in detail?