Home with cash but bad credit

2 Replies

How can I get in to a home with bad credit, good job history & 15k down payment. I don’t want home for personal use I want to go the investor routes. Any recommendations? I am located in Utah

Luis, find someone with good credit history and no money and partner up with them.  They have what you need, and you have what they need.  Find a deal that works for the both of you and get it closed!

Buy using a Lease Option and build your credit while you rent the property you want to buy.  The Option part holds the property for the length of the option so you can build your credit.

Also, you could do Seller Financing...like using a Land Contract with an Option Agreement.  The Option Agreement holds the property until you exercise the option using a Land Contract.