Posted by Chuck (AZ) on February 08, 2002 at 10:15:52:
The VERY first thing I’d recommend that you do, is to read two books.
“Rich Dad, Poor Dad” and “Cash Flow Quadrant” - about $40 for both.
Here’s the link to the author’s website - http://www.richdad.com/
You can order the books here - https://www.richdad.com/store.m?root=books&type=brief
These will change your life, and thus the lives of your children.
I was a single-parent Dad, trust me on this.
single mother assistance - Posted by Tammy Gordon
Posted by Tammy Gordon on February 08, 2002 at 10:01:15:
I am a single mother of 3 and have been renting my home for 3 yrs my payments are $640 which are pretty much equal to a house payment. I can’t make any changes to this property and I dont want to waste my money on something that will never be mine. My problem is my gross income is $2300 a month, my credit has some overdue medical bills for my children on it and I have around $3000 downpayment monies available. Do I have any options for getting a mortgage loan or assistance or am I stuck paying someone else for property that will never be mine?
Re: single mother assistance - Posted by Sue
Posted by Sue on February 08, 2002 at 10:39:30:
Hi Tammy,
Pay off your overdue medical bills with the $3000 you have and clean up your credit. Even if you are doing creative financing, having good credit makes you a whole lot more likely to be able to gain someone’s trust. I have done many subject to and l/o deals and one of my selling points is showing a copy of my credit report with my 730+ score, which is usually much better than the seller’s own score.
I firmly believe that you start as you mean to go, so if you plan to get your life in order, then pay your debts and remain debt free (other than mortgages 