I am looking for ideas of how to aquire property as in foreclosures with bad credit. I have tried getting loans but I am not qualifying for any. I have been reading and studying how to invest in real estate, now I want to get started and I am not getting anywhere. Please help!
Look for owner financing, subject to, etc…Maybe you should begin with wholesaling and quick turn type deals. They will make you some cash, so that you can begin to rebuild your credit. If you find deals that are not marginal, and have a fairly decent spread between purchase price and fair market value, then perhaps you could find a Hard Money Lender…?
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