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Real Estate Deal Analysis & Advice
Account Closed
  • Educator, Investor, Entrepreneur
  • Philadelphia , Pennsylvania
5
Votes |
29
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Gurus LIE!

Account Closed
  • Educator, Investor, Entrepreneur
  • Philadelphia , Pennsylvania
Posted Sep 4 2015, 18:35

I can't count how many times I have heard that:

$-credit doesn't matter, it's the deal

$-no one checks your credit in this game

$-It's so easy to find lenders no matter your credit history

$-Hard money lenders care about the deal not your credit

What a load of bull. Since I have started all I hear about is my credit being unworthy (mostly from having invested in gurus programs) Even with $30,000 to put down on a deal all I hear about is my credit, and my current income being unworthy (also another one of those, that doesn't matter mantras touted by the gurus)

Then there is the no money down, low down payment cash flowing deals that I have yet to find.

My question is where are these almost or no money down cash flowing deals that your credit history or income level doesn't matter for? If someone knows where to learn about them please let me know where to look because I just can't seem to find them?

Thanks for reading.

Lee

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