29 Jul 2010

How do I Buy Property Without a Massive Deposit If I have a Bad Credit Rating

This question was thrown at me last night

Below is just one option of how you can do a deal ” No Money Down”

I would also be very happy to receive your comments

Do a JV with somebody who has a  good credit rating .
Which one are you ?

1.Those with ability in property  and no money or some money and a bad credit rating
2. Those with no ability in buying  property (or time)  but have money or a good credit rating and want to invest

So if 1 can work with 2 and vice-versa  then you can both share the benefits.

At some point 1 can buy out 2 and should therefore have an option agreement to buy.
You just need an end game that satisfies both of you.

Of course there are many people who have both no money and no ability . If they have no ability its only because they have not gone out to get an education .

But then they also have to have the desire.

To Find out how you can improve your credit rating email me on info@barrydanser.com so I can
pass you to the appropriate expert

Barry

 

Want to know more  go to http://www.realtimementoring.com