How to Find and Fund Your First Real Estate Deal (From Scratch) (Rookie Reply)

You’ve got very little savings, almost no credit history, and you want to buy a rental property. Most people would tell you to wait, but today, we’re giving you clear, actionable steps you can take toward getting that first property under contract!Welcome back to another Rookie Reply! Today, we’re answering three questions that cover the anatomy of a first deal: where the money comes from, where the deal comes from, and what it will really cost you.First, suppose you have no money or credit. Can you still invest in real estate? Another investor wants to know if wholesalers are worth using, and finally, we’ll hear from an actual wholesaler who’s looking for the best ways to estimate rehab costs so he can deliver deals investors actually want to buy! Ashley: You’re 18 years old, you’ve barely got any savings, almost no credit history, and you want to buy your first rental property. Most people would tell you to wait. Today, we’re telling you what we’d actually do instead. Tony: That question is real. It came straight from the BiggerPockets forums and it’s where we’re starting today because this entire episode is the anatomy of a first deal. Where the money comes from, where the deal ...