Real Estate Investing with No Cash and No Credit
Author: Dr.Phil Speer
Lots of folks think it can't be done.
How in the world can you buy a piece of real estate property without cash or credit? How is it possible to buy a $50,000 house or a $1 million dollar house if I don't have an abundance of cash or an excellent credit rating?
Nothing stops a would-be investor cold in his tracks like "no cash or credit." The prevailing perception is that "I can't start real estate investing" because (1) I sure don't have any money and (2) my credit is horrible!
The typical way real estate investing is accomplished is with an earnest money deposit to accompany the Purchase Contract and a down payment at closing. Many real estate investing tycoons, in wanting an offer...
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