I am inspired to write this journal to help out many of the people beginning to invest in Real Estate who are having trouble to even know where to begin.
Here is the answer YOURSELF!!
I know the biggest obstacle to overcome is the mindset of having a lack of/no money AND/or NO Credit.
I am in both situations I have very little money and my credit sucks. I will not spend what I have because I need to be prepared for my addition to the world, my soon to be born son Hunter.
If you invest in yourself you will see many great results.
But how do you invest in yourself?
Do you have to go to $9,000 classes? NO!!
Do you have to read 100 books? NO!! (but a few really help! go Dean go!)
Here are some of the free things that will get you in the mindset of taking action.
Attorneys: Alot of lawyers will give you the first 30 minutes to 1 hour of time to just talk for FREE! Ask them about their experience with Assignment of contract, Double Closings, Real Estate Transactions, the Closing process, what is legal/illegal, and MOST IMPORTANT ask them if you have a valid interest in a property when you sign a purchase agreement. See what you get for an answer!
Mortgage Brokers: They do not charge to talk and are very creative when it comes to finding loans, and if you have credit problems they will answer any questions you have on how to improve your credit! They want your business!
Real Estate Agents: Great agents know the business very well and have alot of information to share and generally like to meet new people! So many of them also continually hear about a great deal (sometimes true, it depends on what they think is a great deal!).
Other Investors: If you haven't noticed yet from reading other topics, successful investors love to answer questions because they once had questions to ask themselves. We can all relate in our experinces with Investing. We all have so many things in common it is amazing! Attend a Real Estate Investors association Meeting. Many of them are FREE or very cheap to attend. Drive a few hours if you have to it is worth it!
The important thing to remember while you are talking to all of these people is that you are not only learning you are interviewing people you will want to work with!! It's like getting 2 for 1 for FREE.
Always Remeber that Investing does not require money it requires you taking action in yourself and when you do that you are an Investor!
Quad City Real Estate Investors Association
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
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