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Updated almost 14 years ago on . Most recent reply
Credit sucks and I want to be a real estate guru.
Hello All and Happy New Year.
I am pumped for the new year for so many reasons. I am really desirous of becoming a real estate investing guru but I need some direction. I have read all the books Russ Whitney, Robert Kiyosaki, Robert Allen, etc., however I feel a little unsure considering that I own a part time tree business and haven't worked a nine to five for about 2 years. My records from the business a little shabby to say the least but I have everything in order for the upcoming year so next year I'll look like a pro however, I want to do deals w/ other peoples money!!!!!! I don't want an easy way just some direction on how to make it happen for me. I am looking at a 7 unit apartment house that they are asking 30K for . I can come up with about 2K cash but what does that mean to a lender? Please help me and I am open to whatever good advice you may have.
Thanks and God speed.
therichest1ec
Most Popular Reply

The truth is that you won't get far in this business unless you get your credit straightened out. Your Credit is a measure of your financial trustworthiness. My suggestion is to work HARD to pay your bills and improve your credit. There are 168 hours in a week. That is plenty of time to work 2 full time jobs and still have over half of the week left for sleeping.
Good Luck,
Mike