If you have been turned down by commercial lenders and banks for a home loan, you don't have to give up your dream of owning your own home! Because it is so hard to get a bank loan today, many people are turning to investors to help them get into homes. It is often a win-win situation that benefits everyone involved.
There are many ways that investors can help people get into homes. I don't have the time or space to list them all here. Our free ebook, "How to Buy a Home When You Have Bad Credit" shows many of them. You can get see this free ebook on our website at www.I-Can-Buy.com
But I do want to point out one of my favorites! This is the investor quick flip. That is where an investor buys the home in cash for the buyer, and then turns around and sells it to the buyer and finances the buyer. All of this is done without any bank qualifications or loans. Often it happens a lot faster and without a lot of the hassle that buyers get when they try to qualify for a conventional mortgage.
Sure, the investor makes a little on the flip, and the interest rate will be higher on the home loan than it would be with a bank, but for many people this is a small trade off. They get into a home of their own when they never would have been able to do it. Plus, they now have a home that is an investment as it begins to appreciate in equity, instead of throwing their money away on rent payments.
I know of a great group of investors who do these kind of bad credit mortgage loans for individuals who want to buy a family home. They can work with any credit score, no matter how bad. They do commercial loans for investors and people who want to get into real estate investment as well. If this sounds like something you may be interested in learning more about or applying for, go to http://i-can-buy.com/bad_credit_mortgage_loans.html and fill out the information request form today!
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