How You Can Become A REI Even With Low Credit Score
I’ve had many people come to me over the years wondering how they can get involved in real estate investing when they have poor credit. Some are first-time home buyers and just don’t have a steady stream of credit that gives them the credit boost they’re seeking. Others have hit turbulent financial times and their credit has taken a hit.
I’m always thrilled to share with them that there are ways they can purchase a home without having to have stellar credit and without having a down payment. Some of them have been paying rent year after year thinking they’re stuck renting when they could purchase their own home AND get started in real estate investing as well. They simply don’t know any creative financing or zero-down methods to purchase real estate.
Plenty of people have low credit scores and have purchased homes. The great thing about our Niche2Wealth strategy for buying property is that you don’t even use your own credit. You can purchase investment homes Subject-To the original loan where the loan never even goes in your name. I’ve taught many students to successfully buy investment properties using this strategy, helping them buy their own home, as well as begin their real estate investing journey.
Jump In Now
You don’t have to wait until your credit score increases. You can start building equity for you and your family right now. If you wait around, you may end up in the same spot year after year thinking that the “perfect” opportunity will come around. However, you can jump in right now and get started learning about Subject-To and zero-down home-buying strategies.
Educate Yourself
Becoming a real estate investor will take some time and effort. Good news is that our books and courses have tons of helpful information that can get you on the investing road. Commit to spending time each week learning about real estate investing. If you haven’t checked out our courses, take the time to dive in. There are modules that cover everything from A to Z when it comes to buying investment properties without having to use your own money or down payment.
You’ll learn how to find motivated sellers, how to converse with them, and put together deals that will be a win-win for you and the sellers. You’ll learn what numbers are important when it comes to finding those deals that will get you a good return. You’ll learn how to crunch those numbers well with practice and more practice. With our Unlimited Funding Program, you’ll learn how you can profit as much as you want to profit, creating the kind of lifestyle you truly desire.
There are motivated sellers out there right now just waiting for someone to come along and help them offload their home. That person can be you, even if your credit is low. Even if you don’t have two nickels to put down as a down payment. There’s a system in place that affords success for those who seriously want to become real estate investors and will put the time and effort in. Be sure to check out our Unlimited Funding Program today.