Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Family That Needs a Break
Here’s the situation…
I know a family who is going through a rough time. Mom, Dad + 8 kids. One of their daughters has leukemia.
They were evicted last year and their new place just went on the market and they had to move out. They have Ben paying $3,000 in rent for years, but they’re really struggling to find anything. It’s been six months of living in a church basement and a hotel.
They have good income. He is a contractor that banks hire to rehab foreclosed homes.
They have bad credit from things in the past.
The rental market is tough as it is, but when people hear they have eight kids, it gets even harder.
I would love for them to buy something, but they say their credit makes it nearly impossible. They have never bought a home before so they would be first time home buyers.
I wish I could find an investor who would help them by financing a deal for them.
Does anyone know a place to start looking?
Any other solutions?
Thank you.