How do I Buy Property Without a Massive Deposit If I have a Bad Credit Rating
Thursday, July 29, 2010
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 commentsDo 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 investSo 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 expertBarry
You can always seek advise from property specialist and real estate agents to guide you through the process.
This is an interesting article. Im not sure how I came across a real estate article, but interesting read.