Posted by Ed Garcia on January 08, 2001 at 11:33:14:
You definitely can do deals. With $10,000 to work with, and the size of the deal you’re looking at, you can easily put down 30 to 50%. Jackie, you’re paranoid about recently going through bankruptcy, and I understand. I would like to first suggest for you to go to Creditinfocenter.com, there you will find a credit repair kit for free. There are directions on how to repair and improve your credit, as well as everything you’ll need to do it.
Jackie, your deals are small for most mortgage companies, and I think that’s another reason the mortgage company was giving you flack.
Jackie, I think because your new, you need to understand deal constructing. My suggestion is for you to read every article in the “How-To Articles”, as well as the Success stories. When in the How-to Articles, particularly pay attention to and copy an Article by Ed Wachsman, “Glossary Of Common Terms Used In Loans And Lending”
When you think you found a deal, come back here and we will help you with your deal.
Good luck, and welcome aboard,