Mortgage scams and other lending scams are common in today’s tight credit markets.

Some banks and sellers discriminate based on credit score, income, occupation, earnest money, marital status, even friendship.

I ask because it is often much cheaper than using hard or private money.My understanding is that many banks and credit unions will still provide first position liens on investment properties (as long as it and the borrower meet the criteria).This post is only my personal opinion.

Buy foreclosures 65% under market value with no credit and none or your own money!

My business partner and I are hungry young investors seeking advice, on any topics ranging from taxes breaks, insurance, business credit, financing, asset protection, etc.

How much does personal credit and income really count?

One of your first steps is to work on your credit and to save money.

BK Ch 7 discharged in 9/2010
Filed BK Ch 13 in 12/2010 but dismissed because everything was taken care of by bk ch 7 discharge
short sale of personal residence took place in 12/2011
Mortgage was included in Bk Ch 7 di...

If, at some point, you do fail to make the payments, they're credit will be affected.

Joel, my partners sister works at a local credit union and is working on some programs for us, otherwise it will be cash.