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Updated about 11 years ago on . Most recent reply

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Anna Ahhee
  • Real Estate Investor
  • Moreno Valley, CA
0
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OPEN MINDED INVESTORS??

Anna Ahhee
  • Real Estate Investor
  • Moreno Valley, CA
Posted

Are there any cash investors willing to be open minded for future home owners? Meaning that, throughout my 4 years learning about Real Estate Ive realized that there are so many programs and strategies to help home owners losing their homes.. but what about people who want to own but credit is bad?? So after thinking about this deeply, Im now putting my focus on hard working people with low credit scores and trying to create a Lease Option program for middle class communities.

Iv worked with the City of Riverside for over 10 yrs and meeting people and helping them is so rewarding. Ive helped organize the well known Orange Blossom Festival Downtown Mission Inn, Toys for Tots programs, After School programs and so many other special events as well, and these parents have more of a dedication then others when it comes to buying a home.

So if anybody wants to hear more on what I have planned. Please send me a message and I will be happy to answer any questions that you may have!

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
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22,059
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Maybe its just me, but when I hear a phrase like "OPEN MINDED INVESTORS" my first thought is that you really mean "suckers".

These are high risk deals. Someone on the investor side is going to want a high return so they can bear the cost of the failed deals.

I strongly disagree with "the American dream of home ownership". I strongly believe that is a crock of bologna foisted on the public by people who make money from selling houses. It is absolutely no different that car makers or stereo salesmen (think Judge Reinhold in "Ruthless People") who say "you should buy this, you deserve it." Owning a house is expensive. Houses are just expensive doo dads. Many folks are ill-prepared for those expenses. Someone with bad credit and $300 in their pocket has no business owning a house. Someone who sells a house to such a person is, frankly, scamming them. Given the new legislation, I think others agree with me.

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