There are three (3) main credit bureaus at work in the United States of America today. You may write to them at any time and they will send you a copy of your credit report. One copy per year is free of charge. You may want to go directly on the World [...]
It is not an absolute requirement that you have established credit to buy real estate. You will find that you can still borrow in order to invest even if you have no credit rating at all. Most often, the money you will borrow for what you will buy actually belongs to the sellers. [...]
TECHNIQUE #9: ASKING BANKS
From all that you learn about banks being the least creative sources of financing, you might also assume they won’t do you much good in promoting your new investing career either, but think again. It is precisely because they are so inflexible that they may inadvertently help you the most.
Face [...]
TECHNIQUE #8: SEARCHING COUNTY COURTHOUSES
Guess where all the deeds are recorded? Guess where it is public knowledge exactly who owns what in your county? Or any county? That’s right: the county courthouse. It contains a gold mine of informaiton that you, as a United States citizen, are entitled to [...]
TECHNIQUE #7: ASK THE REAL ESTATE AGENTS
Hopefully, you aren’t one of those people who believe that working with a real estate broker will add unnecessarily to the cost of buying property. The fact is that, quite often, for every dollar saved in commissions, you end up with ten dollars lost in profits. [...]
TECHNIQUE #6: EXPLORING THE NEIGHBORHOODS
When you find such neighborhoods, you should make it a point to drive through them on a regular basis. Of course, You can easily start practicing this in the neighborhood where you yourself reside. Remember though, the emphasis here and now is to explore all the possible ways [...]
You may be surprised to learn that almost every sizable community throughout the United States of America has one or more “real estate investment clubs” which are specifically comprised of local investors in income producing real estate. Furthermore, you’ll be doing yourself a favor if you join as well. And be sure to [...]
