Posted by Jay on July 31, 2003 at 14:08:08:
HI laz, I am just like you I have to credit cards maxed out and I have a home equity loan drawn to the fullest which I pay only the minimum payment. My fico score dropped cause of this from749 to 610.
Ok enough complaining here is what I did. First I met a neighbor that has an equity line of credit of 100k and we became partners. Then I WENT TO AN REAL ESTATE investor that is looking for deals to flip, and I made a deal with him that I would find deals for him. I get 4000 for each deal I bring him that he eventually will take. And another 4k if I sell it for him
If you have questions please don?t hesitate to ask me
Ps. it is very hard to start, just know it. After recognizing it will be easier
I am here in NYC to so we can be in touch