http://www.JoeCrump.com/youtube
If you’ve talked to Realtors, Attorney’s, most other #Real #Estate Investors and your Mom, they will probably tell you that you can’t buy real estate with #zero #down #payment and without using your #credit.
But they have never listened to me. Here is my answer to them…
Six Month Mentor Program
http://www.ZeroDownInvesting.com
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Read the Transcript:
Can you #really buy #houses with zero down and bad credit? The answer is absolutely yes. We’ve done it thousands of times in the last twenty years. Let me tell you how.
Joe: In the hierarchy of zero down structures I teach, I show you which structure to use and how in different situations. The structure names are “Subject-to”, “Multi-Mortgage”, land contracts or contract for deed depending on whether you’re in a trust deed state or a mortgage state, lease options and then assignable cash deals. All of those are zero down structures where you can control the property, you can OWN the property or where you can actually get the deed to the property without qualifying for a mortgage or making any down payment by taking over the payments on a mortgage or creating a new note and mortgage. It’s very possible to do that.
Joe: What most people think is, ‘Nobody would do that.’ But that’s not the case, clearly. We’ve done it so many times. And I’ve even created automated “Subject-To” deals. I’ve done it with the lease option method that we teach. We do a lot of this with the lease option.
Joe: I call it “The For Rent Method”. This is where we go after people who have their homes for rent or for sale by owner and we show them how we can sell their property lease option and get them out from under a property, and then protect them and solve the problem of having this vacant property or a property they can’t sell.
Joe: And, they love us for it. It makes it very easy to sell this. If you get good at the things I teach and learn how to talk to these people and make these offers, then it’s not a problem.
Joe: There are lots and lots of these leads. If you look at the for sale by owner section on Craigslist, you’ll see the leads that we’re working with. We use an automated scraper I’ve talked about in the past, that pulls their names off of Craigslist and then sends emails out to them. It gets the people that are the most interested to reply and say, ‘Yes, I would consider that. Tell me more.’ Then, it sends them to a website which explains it to them, builds our credibility, teaches them about it and shows them why it makes sense for them to do it our way.
Joe: Then, a lot of times, they’ll go right online to our lease option memo and fill out the form online and hit ‘This is my digital signature. I accept this form. Click on this.’ It sends it to us as a finalized lease option memo that we can then turn around and sell, take the assignment fee, put a buyer in there and then we’re in and out of the deal and we’re done.
Joe: That’s the simplest form of it. That’s the form of it that I teach my mentor students the first day they’re in the business or the first day that they come to my Two Day Buying Event. When you come to the buying event, I teach you how to do it and we actually make offers right there at the buying event.
Joe: You can learn how to do this in one day. The first day that you’re in my mentor program and the first day you buy the “Push Button Method”, you listen to one recording and make offers the second day. If you’re at the buying event, you make offers the very first day you’re there.
Joe: So yes, this is very possible. It’s even a mundane question to me now. I’ve heard it so many times that it’s hard for me to get my head around the idea that people don’t understand why this would work.
Joe: By the way, look at my case studies page. If you go to http://JoeCrump.com/partner/casestudy.html, then you can look at the case studies of my students who have done this for themselves. There are 40 or 50 different videos on there of people who have done this. So hopefully that helps you understand. Thanks. Bye, bye.
To read this transcript and more of Joe Crump’s articles, click here: http://joecrumpblog.com/can-you-really-buy-houses-with-zero-down-payment-and-bad-credit/?utm_source=Youtube&utm_medium=EndLink&utm_campaign=Youtube130823
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Your credit does NOT determine whether or not you will get a home. It DOES however determine how long we’ll need to work with you to become the owner once you move in to your new home.
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