Sunday, May 08, 2005

What is the first step in finding a doghouse?

(Answer to Scott)

To speed up your real estate investing business, start with your loan approval first. You need to know what's on your credit report and your credit scores. Ask another investor for a great mortgage lender referral and get your credit reviewed.
If you need credit repair or to raise your scores, see the articles at
The Real Estate Credit Help Center.

Once you have your loan in place, you'll know what price range to look in. Then, you're ready to find a doghouse to turn into dollars. Become an expert on your chosen real estate market so you're ready to jump when you find a bargain. Great buys are still out there! We closed last week on a home in Southern California that appraised for $40,000 more than the purchase price.

Also, you can find more information on our real estate investor website.

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