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Updated about 18 years ago,
Advice for Problem!
Ive been interested in Real Estate since my sr. year in high
school I am a sophmore in college right now. A few
weeks ago a friend and I rode around the neighborhood to look at the
houses around here. We seen one and the contact numbers were on the
sign in the front of the house. We called the numbers and appears the
house was bank owned, for a while. We called for a walk thru to see the
inside of the house, and the price they were asking was too much and for
our first house we werent trying to take the foreclosure route, at least not
with that many repairs to be done. Well, we did away with that house
because of the price. Riding around looking for more houses to get
deals toward we signed up to a website that shows us pre-foreclosed,
bank-owned, foreclosed, and auction homes. We found a couple of
pre-foreclosed properties that are beautiful houses, and they are liveable
peope are living in them. Heres where i need advice from the higher
people or the people that have been working in this business for a while.
I have an uncle who has been doing R.E for a while but me and him are
not the best of family right now, and he was going to help me finance for
the first house, meaning he has contact to a HML as well as himself
but unfortunately he is not helping now. So, im wondering how to
go about looking for a HML. So the question is how should I go about
HML, and such of that matter from now on, I am 19 years old, and i dont
have any credit at all.
Any advice would be helpful..THanks