no credit, no cash - Posted by dr. faustus

Posted by Bill K. (AZ) on April 17, 1999 at 21:27:00:

Dr. Faustus,

You’ve read several real estate books, on no money down techniques, I assume, and articles/posts on this site, and you don’t have ANY idea about how you can buy properties with no cash/no credit?

Perhaps we can help you understand if you ask a specific question.

Bill K. (AZ)

no credit, no cash - Posted by dr. faustus

Posted by dr. faustus on April 17, 1999 at 18:08:02:

i’ve read several books on real estate and i’ve read the articles on this site as well as some of these posts. i’m still not quite sure on how can you get anyone, including the seller to lend you money if you have no cash and no credit.

Creative Financing - Posted by Sean

Posted by Sean on April 18, 1999 at 09:11:03:

Sometimes it’s not looked at that way. Many people on this site focus on lease-options. Although it is a financing tool the same as any other, most of the people that use it and get it offered to them think of it like a lease or rental.

I don’t have the best credit, and it’s been a lot worse in the past, but I’ve never failed to qualify for renting a house. If you are seeking a good starting point this might be it.