i have educated myself - read books , the whole 9 yards even started a couple of mailings but reality - bad credit - i don’t have a person to ask to co sign - and i don’t have a lender what are my options - borrowing $ to get started or owner financing - and time is so limited i drive 1 hr each way to work , i feel defeated b4 i got started. please some1 give me a word advice my time is so limited but i have to do this. second - how do you find people seeking ownerfinancing - i figure with the equity im my home im good for something.
Rather than traditional financing, you can do sub2 transactions. Basically, you buy the house and you keep the seller’s loan in place and make the playments as if it was your loan. You’ll quickly realize how little credit matters 
Now, to find sellers, you can start by placing “I buy houses” type ad in the daily newspaper or using bandit signs. There are various marketing strategies to find prospects.
thank you for that information - i guess i will place an add and throw myself back in it - it just gets so discouraging hearing all the succes stories and im still at ground zero- i guess i’ll try to place an add in the local papaer
Everyone gets discouraged. I have been in this about a year and a half and still have my full time job. Only done 2 houses in that time, but doing is the only way to learn. You can read every book you want, but until you get out there and get your feet wet is the true learning curve. Check around for local real estate groups and attend a few evening meetings. You would be surprised but you may even find a private lender or two at one of these. Talk to some other investors who have been doing this for awhile and see if you can ride their coat tails.
Doing our first sub2 deal now. Get out there and make a few offers but make sure you do your inspections and point of sale with the city you are buying in.
Just a little advise from another beginner. Sub2 is a good way to get in without affecting your credit. Try to pay back original seller in about 1 year by either selling or on a RTO. Refi even if you want to keep it as a rental.
Use others’ success stories to motivate yourself. CREI is not rocket-science, and I think just about everyone can do it if they applied themselves and persevered. What will separate you from the rest is how well you "apply yourself and persevere.
Temper all of that with the fact that a lot of people over-exaggerate when they talk about how many deals they do and how much profit they make, etc. Sure, you CAN make lots of money in this biz and lots of people do, but I’ve come across a lot of tire-kickers and talkers along the way. I would say 7 out of 10 people I come across are talkers. Heck, there is one guy I know who has an infomercial and professes to be the short-sale expert but has never actually done a short sale himself in his career.
So, take the success stories for what they are. Sometimes, they are just “stories”. Just use them to motivate yourself.