Hello, i am looking to get into the field of real estate, what i would like to do, is buy cheap homes in poor condition and then hire someone to come in and fix them up, then sell the house at a higher price. I do not have the funds myself to buy homes and i would perfer to work with grants instead of loans, due to me not having enough credit for Loan companies, and banks to lend me the kind of money it would take to do so, what advice could you give to someone who is intrested in getting into this business, and what is the best way i can assure my self of getting a grant to start my real estate dreams? please reply asap
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Never heard of any kind of grant to do that. There are government programs for housing, but there for people to buy their own home to live in (first residence), not to start a business buying and selling properties. You have to get individual investors, but they are doing it themselves. If you had perfect credit you couldn't get the money you need because of the %26quot;poor condition%26quot; of the homes you want to invest in and the cost to make them sale-able This is one of those scenario's where %26quot; you got to have money to make money%26quot;
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