My Credit Score Is Terrible… Can I Still Invest?

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You don’t have to have good credit or use credit at all to use the structures I teach to make money in real estate investing. You don’t need loans, credit or money down at all. Let me tell you why.

Joe: Nobody is ever going to check your credit. You’ll never be embarrassed by that. It doesn’t mean that you shouldn’t improve your credit. There are a lot of things that you can do to make that happen. I even sell a book on how to do it. I wrote a book on it because I went through that process myself back when my business crashed in the late 80’s. I had to go back and had about 11 pages of negative credit with about 3 million dollars of bad deals that went south on that credit report, so I had to get all of those off, which I did in a fairly short period of time. And, I wrote a book about it, which you can get at CleanYourCredit.com.

Joe: So fix your credit, but don’t worry about needing good credit to do these deals. Once again, you’re not using loans to buy these properties. You’re not getting loans from hard money, you’re not getting them from conventional lenders and you’re not getting them from BC paper. You don’t need loans to buy properties. Use the existing financing. Use the financing that the sellers will carry back. I think you’ll be surprised to see how easy it is if you use the techniques that I teach to make that happen.

Joe: First of all, you have to make sure that you get them to call you. Let’s say, for example, that you’re getting a pre foreclosure list from an expensive website that sells pre foreclosures and you’re calling those people up – they don’t want to talk to you. Get people that want to talk to you to call you and ask you for your help, and when that happens, then you can make them an offer and it’ll make sense to them – they’re calling you for help. Good luck with it.