Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 11 days ago, 12/11/2024
Flat Broke and No Funds...What to do???
Hi Everyone,
Happy Friday first of all!! I recently got divorced and am up to my eyeballs in debt and my credit score has taken a hit (once a gleaming 750, now a less then great 640ish).
I am highly motivated and already have direct mail campaigns for multi-family apartments in the mail for the Sacramento area. I am also hunting down deals for self-storage properties.
My problem is $$$ money! :( I am employped full time and make almost $100k a year. However, as I said the "big D" has left me in debt up to my eye balls!
I have reached out to lenders for a mortgage who basically laugh in my face because I have no funds. How does one get started without funds??? Where can I get funds??? (and no I don't have friends or family with deep pockets).
Thanks in advance!!