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Updated over 15 years ago,
NO CASH, NO CREDIT, and tons of REOs
Hi, I am a new investor in the Sacramento area. I'm young, in college, and have no cash to put up for investments. I have decent credit but can't get a home loan, and this area has TONS of REO's and very little homes FSBO or Owner finance, and also barely any people who are selling that are not competing with REO prices. Any suggestions on what I can do to be successful and get the ball rolling? I can't assign REOs and there aren't many assignable properties here in this area. Without going out of state, what are some suggestions or resources I can look into? I am determined to get started as soon as I can but I want to be knowledgeable and resourceful! Thank you all!