Posted by Donald on July 05, 2003 at 22:05:27:
A carpenter with a 100k cash? You won’t have any trouble, once you do your homework and work out a system that Clem can live and sleep with.
(Cash is king)–I do feel that you should try to get into every deal with little or no cash…
(Credit is king)–One of the keys, in real estate investing, is to build and maintain good credit.
Don’t waste your time searching for houses, search for motivated sellers. Find an owner who tells you-- "I don’t want it, here’s the deed, just take it!"
my 2 cents