I’ve got very little money, and my credit isn’t great. Is there a way that I can invest in Real Estate”?

Chris Down: I’ve got very little money, and my credit isn’t great. Is there a way that I can invest in Real Estate”?
I just declared Bankruptcy…is there a way that I can invest in Real Estate being Bankrupt, or is that even possible?

Answers and Views:

Answer by Claudia
Some time ago I discovered a site that really changed my life according to investing in Real Estate…
You can locate it here https://streetcopmillionaire.com/ .
It gives you in-depth answers to all your questions according to your question …
I would really recommend you go check this site

Answer by ideas
If you have very little money, what would you invest?

Answer by The Geek
i agree with idea. put your money to better use

Answer by Doctor Deth
forget it
1-you are not going to be able to get approved for a mortgage for at least 4-5 yrs
2-investment property requires a 20% down payment (plus more cash for closing costs) and you do not get 5% interest rates

Answer by A
no. i dont see how this matters.

Answer by frankfihn
Contrary to what you may have been told, investing in real estate the right way doesn’t take capital or credit. It’s basically a three step process.

1) Find a discounted property
2) Find an end buyer
3) Put them together

Now the actual practicalities of that are harder than it may seem. However, if you do real estate investing the right way, your end buyer actually provides the capital and credit.

One of my best friends Matthew David started The Investor Today website https://www.theinvestortoday.com/ which will show you for free how to invest in real estate and fix your credit for free in your situation. I also had quite a bit of input on the site.

There’s also a good real estate investing FAQ available on the site to help you with some of your questions.

Most people buy a 2nd property because it’s a “nice house in a nice area.” While that’s all fine and dandy, real investors buy property to make money. “Nice” isn’t always “profitable.” You wouldn’t buy stocks because you can drive to the company. So in short, if you learn the techniques of how to buy property at a discount, you find infinite capital sources.

Because I’m a real estate investor and I know lots of actual investors, I can tell you that it’s possible. Of friend of Matt and mines owns 200 properties and he has never used his capital or credit even one single time. It’s ironic that he has good credit and doesn’t use it. LOL.

The real key is in knowing what to do. The masses will tell you that “location, location, location” matters most. However, how many of those people are rich investors? Not too many. The mantra really ought to be “great deals, great deals, great deals.” That’s what any of the really successful investors would tell you.

Would you rather have a $ 5 million mansion in a great area that you paid $ 5 million for or a $ 200,000 property that you purchased for $ 100,000 in your average suburb? If you pay full market value for properties (like most people do who by the way aren’t rich) than you should think about location but if you’re serious about doing it successfully for the long term, then you really need to learn how to buy real estate with large discounts.

It’s all about knowing how to acquire discounts whether through short sales, negotiation or other means. I’d highly suggest you check out his materials (they’re free) and start learning. The difference between a successful investor like me (PS I still have bad credit and I don’t care) and someone starting out like you is simply in I know. Take the time to learn for free. The choice is yours.