SUGGESTIONS WANTED: How to Spend $11k for Realty Profits - Posted by Crissie C. Luckey, J.D.
Posted by Crissie C. Luckey, J.D. on January 31, 2000 at 16:02:15:
Due to the recent refi of an inherited home, I have $11k available in free money. I’d like to invest in real estate in transactions that will bring me maximum returns (i.e., at least 50-100% return per deal).
CHALLENGE: I have VERY VERY VERY VERY BAD CREDIT !!! So, traditional money sources such as banks, etc., for lines of credit to purchase REOs, fixer-uppers, etc., are not open to me.
How can I invest this money in real estate with my current credit situation in order to achieve these types of returns?