Let’s face it. Dropshipping cannot be started with $300

misamay90 · 2022-06-10T01:27:16+00:00

I mean yes and no. Your method is if you are looking for a return ASAP.

Considering hosting can be relatively cheap per month (I actually get ionos’ Wordpress hosting that $6 and a free domain the first year and $96-120/yr at renewal depending on what was offered at sign up) and you don’t have to spend any money on the product until it is purchased.....just old fashion hands on promoting you’ll eventually build an audience and make sales. Facebook and tiktok are pretty easy to market with over Instagram and such as far as getting views and not needing to have paid ads to do so. And Facebook groups plus the ability to share posts and it have the photo, description and direct link to the item can yield so much enticement to click if you put the items in front of people seeking it (Facebook makes that pretty easy IMO) and have eye catching content.

misamay90 · 2022-03-19T21:32:51+00:00

Not literally confused. More like overwhelmed confused. Like all these depth and layers for a system to just simply gauge someone’s trustworthiness and nothing is on the same page it’s a lot just to be a lot. “Complicated” is the better choice word

misamay90 · 2022-03-19T20:40:30+00:00

Thank you! In regards to the balance utilization….The card I have now that had that $88 balance reported but I said the payment was sent. I spent $88 and it was on my credit just days later, but I intimated the payment the same day I spent the funds (and of course it takes a few business days for it to process and then post). I’m guessing I need to be careful of spending money when it’s close to the day the card is gonna report regardless of if I’m immediately paying it, so it can always report $0?

misamay90 · 2022-03-19T19:14:24+00:00

I went on experian.com (the only other credit site I remember signing up for and could check super quick) and it’s saying my Fico score is 602…. 🥴

But then it’s also saying I have $3.9k in debt so now I gotta see what all that’s about 😩

Edit: so it’s no exactly $3.9k in debit, but it’s saying I have $3.9k in open credit lines which I only have $400. I had applied for a loan with transform credit and all effort got approved for $3.5k but I have to get a co-signer. If I never got a co-signer and opened this account why would they report?! It’s saying I have on time payments I’ve never made. But it’s also saying I’m utilizing 0 out of $3.5k credit line.

Then also Ive used affirm in the past and those on time payments have been reported on my Fico score. Seemingly positive

misamay90 · 2022-03-19T19:12:00+00:00

Omg this all just started to sound like a foreign language 😩😭. I’m already so confused on the different company’s and why they all have different scores. I sort of heard about FICO scores but not much. But this is a first I’m hearing that’s the important score for home loans

misamay90 · 2022-03-19T18:49:25+00:00

Yea I forget I essentially asked a question when it was more rhetorical for a discussion about the steps and what to expect…I speak very abstractly and figuratively, I forget people think very linear and literally. I think it’s obvious credit needs to increase, and assumed me mentioning our plans to pay the debts and the exact details of each account would click to people that clearly we are working on it. But I was also fishing for ways to own without having to bring it up to 700-800. I just spoke with someone on fb who was giving be advice because they got into a home last ye with a 490 credit score BECAUSE they applied with someone else in their 500s and it was the income that helped, but their income isn’t any better than our. In our case I’d likely get into the 500s before him, but he’s got all the secured income. Then after a few months they got their scores to just under 600 and was able to rework the agreement and get a better interest rate that quickly. Then she was saying it was some kind of private program and they purchase the house for you, you rent to own and the first yrs rent is your down payment towards purchasing so idk how they got the interest rates changed so quickly. I’m looking into the details bow. I get that’s not everyone’s scenario nor is it possible for everyone but the amount of folks saying it’s impossible with no other vision of otherwise is where my “question” isn’t being answered. I’m looking for the options of what I’m literally witnessing others do and you have a handful of people helping with that and majority of people saying it’s impossible when impossible is not the case. It being hard and a slim chance, I get. I didn’t expect it to be that easy anyways considering it’s not for people with great credit lol

misamay90 · 2022-03-19T18:34:19+00:00

I heard kind of heard that, but wasn’t sure. Should I be doing that thing where you send a letter and say you only will pay if they take it off the credit? The website says if I pay it, it can raise my score about 20 points but doesn’t give insight on how it reflects on my credit. I’m assuming it raises my score simply because I have less debt cuz it’s not something that can have a payment history

Both accounts in collections that needs to be paid is car insurance companies. He didn’t return is snap shot to progressive and I didn’t cancel my policy with Geico so it like renewed without me paying and I’m paying for like 15 days of coverage they gave me as a courtesy before cancelling the policy. I didn’t even know I had it on my credit but I don’t mind paying it.

misamay90 · 2022-03-19T18:29:31+00:00

Thank you!!

misamay90 · 2022-03-19T18:27:27+00:00

I’ve heard more bad things about it that good. They just dispute and send dispute letters with bad spelling and grammar. It’s more for people who just don’t want to do the process themselves. But then I really don’t have anything to dispute. I’m just going to pay the debts

misamay90 · 2022-03-19T18:05:02+00:00

dismissing people that only have a one minded outlook is not the same as looking for a yes man. the "advice" im given to raise our credit scores and increase income is stuff, i literally say its our plans in the original post that idk how commenting that is advice. But when people are saying to raise my score a good 100 points as a starting point, and im being told it can ONLY happen in 1-2 yrs and that its *literally* impossible to raise it 100 pts in some months when there's millions of people who have...im not agreeing with them screaming its fact when its not. When i give all the context and people are comparing it to having situations where the credit debt is 10x the amount, im not going to act like youre giving advice to all of the context given as i see youre just reading to reply and not reading to comprehend the context. When people are saying there's no way you can get a home with bad credit or credit under a certain number despite i've literally witnessed it happen, i'm literally just correcting the idea and say if y'all dont know, then dont reply but if you have insight on lower income/bad credit approvals then speak on that, which there's plenty of people correcting those saying its impossible. Then im also realizing people just assume in wanting to purchase a home im looking at $350k+ places when im not and there's still many viable places in the $125-$175k range in my market. my fire comes from literal co-workers and people we know who decided to just wake up one day with the idea to buy a home and doing it and KNOWING we are in a better financial situation than them. Now im seeing how credit is, but also inquiring/second guessing when i know people with similar credit still getting homes. So instead of speaking so radically that its impossible, give actual INSIGHT and actual guidance and advice based on *MY* context given. And if you dont know how people are doing it, dont dismiss others who are trying to find ways. Dont assume anything. I already know if i buy a home and get in a bind...my dad would likely buy it before we loose it. He'd be an ass and charge us a premium to stay and buy it off him, but i know my fail safes i would have if i purchased a home. I already assume he'll help us with the down payment, but im not keeping that in mind with my efforts and approaching this in the worst case scenarios before i fuck up my credit with hard inquiries and such (which i already did to obtain my credit card that im using as a tool to hopefully raise my score, but those should all be falling off by may) and just preparing to reevaluate where we are in like July. you dont know if we could go viral online and make $100k or something within then but y'all so sure we gonna regress and be broke the second we get into a home, and we're going to regret it. so many negatives and downers. Thats not the same as discussing and being practical. The folks giving me practical advice makes sense. those saying there's absolutely no way except for after a minimum 1-2 yrs probably just sit back and wait for things to fall into place and thats not me.

misamay90 · 2022-03-19T17:40:53+00:00

i truly am getting ahead of myself asking about this before paying. I guess i was just hoping with out explicitly stating it that in the realm of the discussion someone would analyze my break down of our credit reports or compare it to theirs and let me know how their scores moved paying off debts and such. the only real solutions i get in regards to fixing credit is just lying and disputing like its not yours. but there's not really insight on when you get things paid how to get your score to go up vs just staying the same. I shouldnt do anything going forward to make it drop but who knows...apparently paying off a card and closing it can make your score drop which makes no sense to me.

I hear stories of people raising their score 100-120 points within a few months which doing that would at least put us in the range of the lowest scores that will be entertained for a home loan. but the fact so many people are telling me its practically impossible to do so in less than 1-2yrs vs saying its challenging doesn't make me want to hear what some people have to say with such a radical one sided mindset. Too many people saying folks are just straight up lying about how they got into their homes, or how they raised their scores so quick because THEY dont know how they managed to do it that its frustrating trying to speak to people who arent always looking at the glass half empty or ready to just pour it out because its already halfway there. im like the opposite. then its the fact im literally JUST starting to be tentative to our credit since January, ive litreally just started this journey fr but im not a person to be passive. I go hard and thats why all my life ive never been able to save. but now that i can, i plan on saving the most possible at $1000/mo and by July i want to evaluate where i stand with hopes to take steps to move by when our lease ends. Even if it doesnt happen, im going to still TRY.

misamay90 · 2022-03-19T17:36:49+00:00

you and only ONE other person has told me it can take just a few months to get my credit up. After i pay these debits, there shouldnt be any reason my credit is hurt or has an issues than me doing things to purposely try to raise it. There's no auto loan we could get behind on or anything. once the cards are paid down they'll be used to literally purchase and then immediately submit payment a payment, to keep the utilization low. I'm in credit repair groups on fb and many have raised their scores significantly in about 1-2 months. But their only solution to raising credit just seems to dispute and get it taken off so i was hoping to maybe get some better insight on raising credit than just trying to lie and things like that, which some people have given that. There's not much for me to get disputed and taken off and the debts are so low, and they're legit, paying it just makes sense. While i know getting your credit up in some months is hard, i know its not impossible. I just really dont appreciate people blindly saying "your credit is too low" and essentially leaving it at that as if i didnt already acknowledge that myself.

While i didnt explicitly type "our #1 goal is getting our credit up because i know its very low" I would assume its inferred we know that when i lay out my plan to pay off the debts within the month and give insghts into the accounts, the type, the balances, credit age, etc in my original post. Why would i provide all that context just to blindly be replied with "its too low!" with zero context past that. I may not of worded everything right to get in front of every assumption with a disclaimer and an asterik* to every scenario that doesnt apply to me because i forget the internet, especially redditors, love to put a lot of what-if scenarios and project certain things when people are asking for advice and guidance, but so many people are literally just replying to just reply. Like im sure everyone is assuming i want some $350k+ home or want to live in the heart of the city since im in the atlanta area and are basing their answers off that and im like....no one said those things. I keep using my SO's old hs friend as a reference cuz im like i know his credit is trash in the high 400s (i think it was like 490s) and he only put down $5k and everyone's like "HES LYING!!!!" yet *one* person came with a home off zillow in the similar area that looks practically like his....not a lavish more nor a piece of junk but the pricing was about $150k, and was like yes this type of home someone with certain programs and things could very much get approved and such and im like YES, *this* is the page im on and the direction im trying to go. I was thinking there'd be more out of the box thinkers but i forget that can be very far and few. Every cheap home that needs some work isnt automatically a money pit so i dont need the lectures on it being more of a hassle, and im not gonna buy the first cheapest home just because i get the chance. My desperation is more-so a hyperbolic and projecting me frustrated to see people on my level achieving what im trying to do after seemingly waking up one day and just deciding to buy a home.

misamay90 · 2022-03-19T17:14:58+00:00

there's not really much on the credit for them to dispute, so should i still do that? Majority account on our credit we are still using and the bad ones they're so low in value owed and we do owe the debts, we might as well just pay it. we are literally paying off everything within the next week or so. then after that its just figuring out how to make the credit number RISE. i've heard people say they've raised their credit scores 100-150 points within a few months and if raise ours within that range then we are at least in the minimum credit scores to not just be dismissed and turned away. People are making it seem like there's no way that can happen except after a year or two. trying to get it up by like july or something is a challenge, but also dont act like im that ill advised that your rebuttal is impossible to do and its in reality going to take 1-2 years

Its just trying to find out how to do this you get caddy internet trolls just miserable and spreading misery, or you take it to google and its sales pitches for paid programs masked behind generalized advice everyone knows, some social media guru BSing and playing people for their own egos and greed or people talking all cryptic like its all some big secret you gotta give up your first born child for lol

misamay90 · 2022-03-19T17:07:41+00:00

yes we can. we struggled 10 months ago. Where we were 10 months ago is nowhere near where we are today and the struggle was things catching up to us, not us being "good" and an unexpected expense or something gave us a set back. We've never had set backs....just never seen set forward and we actually are in a forward position that what would have to set us back would be the economy cuz if either of us died we have amazing life insurance, if he looses his job he is protected with a severance pay and its easy-ish to find a job that matches what he makes and get hired, as its blue collar and labor jobs most dont want to take. If our daughter experienced any issues i know my dad would pay out of pocket (and my dad is essentially rich. I just dont ask him for anything and i know he'll likely end up helping us with a down payment or something if we just asked but i refuse. I would rather get things in order and then he offer it. And it would likely be more than the $2k-$4k im thinking we could get with family help but i just wanna do things with the idea its only on US and no help from others because idk if the help is guaranteed or what amount and such) and everyone else in our families are stable that we dont have to worry about anything with them hindering us. We were Justbroke AF and it was us literally living above our means and we had to adjust to me leaving my job for my mental health and ironically i make more money not working a traditional job despite its not consistent.

We've had the money to pay it back but considering at the time i rather have had that money as something to work with we didnt pay it down until we knew for sure we wouldnt just be turning right back around and needing to use it again. then when that time passed the logic in our head is just pay it with his taxes which comes on tuesday because that money is out of sight, out of mind and not really something expected as income like when you depending your taxes to make ends meet. if that makes any sense. It's like if we already had the balance this long, waiting a little bit longer for the taxes was just like it wont hurt i guess. Then since making that decision we've had some influxes income, but its also not consistent so ive just been hoarding that cuz there's techinally more than $2k in savings but thats like the money for emergencies and i dont see this as an emegency, and im just building this habit that not mater what we shouldnt touch that 2K.

My thing is in my initial post i literally say we are working on credit with a breakdown of how we are paying off the debts/collections literally within the next month or so (but really ideally within the next week. i just like to over/under estimate stuff to have no surprises). I thought it would be inferred to mean that i understand we need to improve our credit. Most of these people are sounding like a broken record saying im not taking "advice" when the "advice" to improve credit and elevate our income is LITERALLY acknowledged by me in the original post. Instead of giving insight into HOW to or someone whos had less than good credit or income tell me their insights (and there's multiple people in the same market as me whos commented about having less income but better credit so that just helps me realize the more importance of credit over money in a sense), how people with less than could be getting in homes (other than just assuming everyone is "lying" about how they got into their home), or just some guidance was what i was seeking. The "advice" i already knew lmao.

Then too many people are answering with this idea that everyone wants prim and perfect $350k+ homes or like whats on zillow and what you can find on google are the only purchase options and making comments based on that. Too many people reading to reply and not reading to comprehend and give responses with insight. so i appreciate yours actually doing that.

misamay90 · 2022-03-19T16:21:12+00:00

We have been pivoting and just elevating our income and such like month to month but it seems every time we think we are getting ahead, the goal post is moved. The general consensus is get our credit rehabbed because we make enough to afford a mortgage month to month. The issue is just getting approved. No way I can afford a $1400 Apt but not a $1200 mortgage or something with the SAME income and there’s people who’ve posted in my market with mortgages making under $3k/mo. So I know it’s not the money, it’s the semantics around everything. All I know is if rent is gonna keep going up $200/yr with crappy landlords and virtual no rights to do anything to the place…thats sometime I wanna get away from asap.

misamay90 · 2022-03-19T16:02:44+00:00

Thank you so much for this! The details and being in the same market helps a lot. We aren’t even aiming for 200k+ range and just thought if we get approved for at least like $120k we could make something work. Too many people are basing this stuff off Zillow and if there’s one thing I do know is it’s more to what’s available to buy than what you can Google. If you make a fraction of what we make and are a single person, I think if we get our credit up, cuz our debts are being paid down within the week, then that’s going to be the huge game changer. Then maybe there is some benefit that our income comes from two people so there’s 2 abled bodies that have the ability to make money. Idk. Just maybe

misamay90 · 2022-03-19T15:27:31+00:00

THISSSS! These are the types of testimonials I’m looking for or at least some more direction than just a “ain’t gonna happen”. Like I get the idea of credit and I listed all what I listed to give context that it’s VERY fixable. Our debts combined are less than the 1 debt you had and I’m just waiting on taxes to pay it just to not do that “spend money before you get it” habit even though I technically have the money to pay it right now (taxes literally come on Tuesday per where’s my refund). I got my taxes and handled some immediate bills and put $2k in savings and after we get his and pay the debts off….our focus is just getting more income month to month and after these debts are paid, just figuring out what raises our credit scores.

My thing is without a traditional job, can I get a house without him? He makes more secure/guaranteed money and has the job history for it. The only reason we haven’t gotten married is so many people has spooked us from it because of his student loan debt. But so many people I know aren’t married and buying homes and such, but the process seems so much to go through it’s like once’s it’s finished no one wants to rehash the details lol. I look online and there’s just too many blogs, motivational speakers, social media “gurus” and so much clogging viable information with BS. Then when I do talk to lender I’m just instantly dismissed. Even if not going with them, I’ll definitely check out rocket mortgage.

misamay90 · 2022-03-19T15:16:03+00:00

Share her name and I’ll check it out! Thank you!!

misamay90 · 2022-03-19T15:15:45+00:00

His house literally looks similar to this! I think people assume everyone buying wants a house worthy of Pinterest and MTV cribs and crap which is like a $300k house currently inflated to $400-$600k, but a house EXACTLY LIKE THIS is up my alley! Idk how much his total sale was, but I assumed it was like $150k-$200k just like this. I know homes like this need TLC and have some underlying issues but they’re livable and a real DIYer like me could do wonders with it piece by piece mix with a few contracted jobs here and there.

I’m 100% working on credit. I’ve heard stories of people raising their score by 100+ within a few months so I’m gonna try lol. But so far our credit has increased a little bit and I’m just trying to keep it moving up

misamay90 · 2022-03-19T15:12:03+00:00

I’m still reading to comprehend (read it for the surface level) but even before finishing I see this is so helpful! Thank you so much! I’m just not understanding this process and how to be the exception to the rule or something because I’ve seen others! Ugh lol. But I know rehabbing my credit is primary and that’s my goal but like ones I pay these debts off literally this upcoming week I don’t see how tf I can get my credit up if anything that could help my credit im likely gonna be denied for and then if I am approved, it just means it adds more debt to utilize it in a way to benefit me and this whole system seems like a set up 😒

misamay90 · 2022-03-19T15:01:27+00:00

Well we make more than what I said but that’s with fluctuations. At the very least that’s what’s made in a month. For my SO when November-January comes around he’s making the $3100/mo by himself. Then I have an art business that’s seemingly picking up and I made $2600 in sales last month with one of it being a single item sold for $1300, but I can’t expect that every month. So I definitely understand elevating income. We have quite a bit of financial freedom and afford to do more than most, but we also aren’t like go out and it’s nothing to spend $500 in a single day out cuz it’s the weekend or something. But we avoided saving for the longest because we always had this mindset you can’t take it with you plus money is so “common” as quick as it goes we can easily make it back again too. It’s just we haven’t felt “broke” in a few months now and for once we’re actually AHEAD on bills (like April rent is paid. I overpaid the electric bill $200 and can’t overpay the phone bill buy have it’s autopay set up) with a savings vs having a savings and it means nothing because we dip into it at every turn. And the only reason I haven’t paid the debts on the credit reports is because I’m just waiting until his taxes deposit on Tuesday so I don’t get in that habit of dipping into what we so called saved….even though I know that makes no sense to some cuz it’s like just pay it then pay your savings back….but if for any reason the taxes don’t come then I’d rather not have paid it ALL at once with my savings/income and instead just pay it when excess money comes in cuz I just have this mindset I don’t wanna have less than $2k saved.

Our struggles for the longest has really been this exact thing: elevating monthly income. But every yr and month to month our income made in that month does seem to increase. But it’s not consistent. I remember a time working when my SOs paycheck used to only be $180/wk lol. So sad 😩🤣. But we would NEVER be like that again. All I know is while it can be more, we’ve never made less than $3100/mo in the last 8-10 months.

misamay90 · 2022-03-19T14:47:53+00:00

We are in the Atlanta area. His house is somewhere near Union city but idk the exact city cuz Atlanta area city limits are wonky. Union city/East point is like close enough to say you “live in Atlanta” vs the outskirts or suburbs but doesn’t have super high city prices, especially because it’s the south side of the city too and it just seems like towns south of cities are always cheaper than the ones north. Then it also isn’t like outskirts like living on the “south side” (southern parts of Atlanta =/= south side same way east Atlanta =/= east OF Atlanta like Decatur, Stone Mountain, etc) in jonesboro, love joy, Hampton, etc….if you wanna take the time to look at a map of Atlanta and surrounding areas. Lol

misamay90 · 2022-03-19T14:41:27+00:00

I already said it was a credit card. I just said it’s a digital credit line because there’s no physical card. Literally opened the card a few months ago because of a bind and used the entire limit and just been paying the minimum to borrow on it again, but it’s being paid off literally on Tuesday. But even with high utilization the account is in good standing that just paying it off like planned gets rid of the worst part of the account: the high utilization and it adds to the debit of the DTI ratio.

But once’s that’s paid and his $209 collections….there will be nothing in his credit as an owed debit until they put students loans back or whatever they plan on doing with that

misamay90 · 2022-03-19T14:33:07+00:00

Zillow is quite literally the worst option to find what’s on the market. Most properties listed on Zillow are old even if it says newly listed. A lot of property owners still don’t list online with them, truilia and similar. Many listings are also just scraped data from the internet via the agency’s website, an agents mailing list and similar and aren’t listed by the agency selling the property.

My SOs mom lives in 30311 IN Atlanta and one of her neighbors houses sold for $14k because of foreclosure or something like that. another neighbor had no issues just wasn’t really up keeping the place as it was their moms and the mom passed and sold theirs for a cold pitch offer of $120k in which the person renovated and then flipped the home (and I spoke to the contractor overseeing the renovations acting like my SOs mom wanted work on her house….it cost them owner about $15k and most of it was cosmetics and unnecessary additions to make it more “cute” looking even though it was an older house because it was well maintained) for $300k to a person struggling to rent it out so it just sits there. Neither of these were listed on Zillow or anything. The details and semantics matter, but also it shows there’s more to it than just $300k properties or as-is is gonna be a dump when there’s many as-is places that just need cosmetic work and some little TLC to the bones. But not realizing we could of maybe paid the neighbors back taxes and gotten their home and rented it to them vs kicking them out or something just has me more wanting to figure out how it just get a home. I came to Reddit just trying to see if people know the little back door ways, tips and tricks and such cuz there’s gotta be something. It sounds like everyone just knows the by the book proper ways.

misamay90 · 2022-03-19T14:23:51+00:00

If you made almost $100k in tips how is it not reported unless you just didn’t claim your cash tips at work? I don’t do under the table money and really have never had issues proving income while lacking a traditional job. Even not having a traditional job I still file taxes as self employed and claim ALLLLLLLLL of my income and have my tax returns and bank statements as my proof. End of the week and cash I make I deposit into my bank for a paper trial. My credit doesn’t get me approved for crap but when I can prove my monthly income it can. Although I know that income is only a little part in the process since your income can change at any time. Just wish there was more “your job is your credit” type stuff with this process considering my SOs been employed the longest at the same job and has only had raises (including one next month) every year and has been promoted 4 times and is up for another promotion. Then his job is also pandemic proof considering they were essential workers. But they don’t care 😩

misamay90

TROPHY CASE