NEED ADVICE, I HAVE A GOVERMENT JOB AND I’M ALSO A REALTOR MY SCORE IS IN LOW 500’s I HAVE GONE BANKRUPT AND DON’T HAVE ANY MONEY TO INVEST I KNOW MY CREDIT NEEDS TO BE CLEANED UP,I AM WORKING ON IT. I WANT TO INVEST IN PROPERTY, I HAVE A COUPLE OF TWO & THREE FAMILIES I’M INTERESTED IN, CAN I STILL DO IT WITH SUCH A LOW SCORE AND NO INVESTMENT MONEY?
Check out the article section of this site, great info!
http://www.reiclub.com/articles/bad-credit-no-cash
Thanks Blue boxer. Are there any investors on this forum who were in a similiar situation and currently own property?
i’m sure you can do it and that others have done it, but it is an INVESTMENT, so having zero dollars to invest, and zero credit to make people want to invest in you, will surely make it tougher. (btw, typing in all caps means you are screaming!)
anyways, there’s absolutely possible ways. i can’t imagine someone can tell you if you can do it or not, surely it will be a combination of your aptitude, your area, your determination, and your luck. i’d def suggest you check out those articles, or better yet make friends with rich people. i’m sure that you could pull personal loans/partnerships if you’re a good realtor, as people would trust your plans since you clearly have to know a lot about realty (assuming you’re a good realtor)