How can I invest with poor credit?
I have poor credit due to medical issues. Is it still feasible for me to get back on my feet financially doing this and would anyone sell me a a house that needs rehabbing?
Bank financing is Not the only way!
Investing with poor credit may slow you down from getting a mortgage to finance a fixer upper until your credit improves, however...
Finding money to invest in real estate comes from many avenues:
1) A seller could sign a house over to you on a land contract; That's called seller financing.
2) Borrowing money from an investor from your local real estate investment group is a common practice.
3) Money from:
People you know from:
Even one of your neighbors that know you personally, that knows how hard you work, may be willing to invest with you on a real estate investment house in your own neighborhood.
Investing with poor credit is quite common!
Prove your ability to a private investor or seller and the money will come.
Joe the Rehabber
Join in and write your own page! It's easy to do. How? Simply click here to return to Rehabber Answers to Questions Questions.