No Money Down doesn't mean. ...

[Lamont Hudson]

No Money down doesnt mean No Money out of pocket right? Ok just got that from a lenders calculator in which it calculates all potential cost and profit @15% or more. So i go to submit my deal and I get forward to seeing that i had to pay 540 for an appraiser. That was a oh yeah moment lol. I understand why the cost is there but when you're looking to get out of this rat race it sure looks good until you actually get involved. Im getting into REI because i really want to become debt Free! I dont have much debt but my score is ugly and it was looking good last year.I should've been paying more attention ugh. My score is too low to get a promising loan but I'm persistent to find that deal that will get the ball rolling. I dont want to wholesale but maybe a quick rehab to start. What shall I do? Im i thinking the right way? Are there lenders out there who just want to fund the deal even though they want to trust the person who's name is actually on the line here? Yes I think so. But I know i got to get my money right. My spirit says dont wait my guts says it might hurt but the outcome is a great reward. Sorry this might be me expressing my life at the moment but hey who doesnt want Bigger Pockets to carry with them.