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No money, bad credit but want to get home or mortgage loan.

Ismail941

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May 7, 2019
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You have 2 options in your situation:

1) Yes - If you like Networking with like-minded people who are into Real Estate.
2) If you do not like networking, then your option is: Work on yourself by Sweat Equity, Build Credit for the next 4-5-7 years.
 
G

Guest-5ty5s4

Guest
Is it really possible to buy real estate with no money down and a bad credit rating?
Of course, but the terms will usually be worse or you'll need to use a special program.

Talk to a realtor and ask what your options are. If they say you're out of luck, browse newspapers, craigslist and FB marketplace for homes for sale - look for the "no credit check, no down payment" posts.

I'm young but I've found that the old fashioned route usually yields the special opportunities - EVERYONE is looking online, so the newspaper has a lot of value skew if you look there.
 
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