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Updated over 9 years ago on . Most recent reply

Account Closed
  • Educator, Investor, Entrepreneur
  • Philadelphia , Pennsylvania
5
Votes |
29
Posts

Gurus LIE!

Account Closed
  • Educator, Investor, Entrepreneur
  • Philadelphia , Pennsylvania
Posted

I can't count how many times I have heard that:

$-credit doesn't matter, it's the deal

$-no one checks your credit in this game

$-It's so easy to find lenders no matter your credit history

$-Hard money lenders care about the deal not your credit

What a load of bull. Since I have started all I hear about is my credit being unworthy (mostly from having invested in gurus programs) Even with $30,000 to put down on a deal all I hear about is my credit, and my current income being unworthy (also another one of those, that doesn't matter mantras touted by the gurus)

Then there is the no money down, low down payment cash flowing deals that I have yet to find.

My question is where are these almost or no money down cash flowing deals that your credit history or income level doesn't matter for? If someone knows where to learn about them please let me know where to look because I just can't seem to find them?

Thanks for reading.

Lee

Most Popular Reply

User Stats

196
Posts
118
Votes
Jason Krick
  • Investor
  • Reading, PA
118
Votes |
196
Posts
Jason Krick
  • Investor
  • Reading, PA
Replied

@Account Closed

Please take what I am about to say to heart, and not personally.

In less than an hour, you have started a bunch of topics throughout the forum. One of them, the post comes off as almost demanding that someone hands you a deal of a lifetime. You talk about bad credit due to how bad the deal went. Then in another post, you talk about how the deal actually made your LLC money. Yet another is a rambling post about gurus.

None of these provide details needed for other members to help you out.  I may be way-off here, but you are coming off as extremely emotional right now, and throwing a ton of different stuff on the board as it comes into your mind.

I would suggest that you pause, take a deep breath, gather your thoughts, and take the time to write out a post that spells out exactly what is going on, and what guidance you are looking for.

Again, I may be off-base, but that is how the posts are coming off to me.  Let these people help, but give them what they need to help you.

Best of luck.

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