Financing and Credit

I am new to this and i'm looking for the best way to get started. I own my own home now and do not have any extra cash to invest at the moment do to my large note. I am interested in investing in rental properties locally. Is there anyone that can advise me on the best course of action at this point? I am open to anything.

In todays market is 100% financing still available? If so how?

I already own a home and it is now for sale and have a contract on it. I want to find a lease purchase but really don't know how to ask the owner a question about the clause that is supposed to say about being able to re assign. I am afraid the original owner will say no way this is supposed to be your home not someone elses. Or should i keep the lease purchase home and not re assign it to someone else? Thanks for your advice. Cindy

Great paying job but poor credit. Any creative financing ideas out there?

I just ran across a website that lists REI Clubs throughout the country and also lists hard money lenders and other sources of financing. I haven't looked through in detail yet, but it helped me locate some REI Clubs (still 170 miles from me, but Oh well) that I might be able to get involved with, even if online. Just thought I'd pass it along.

The address is: www.reiclub.com

(Sorry, I don't know how to put it in as a link)

Rina

I am trying to purchase my first home. My father has agreed to sell me one of his investment homes. The house appraised for $580,000. He only owes $416,000. I have good credit. My only problem is that I need to do stated income, because I'm self employed. Stated income loans seem to be vanishing. How can I get a loan?

can someone please help me understand. I see all the time when there is a house for sale and the investor will mention some kind of finacing 100% 80% 90/10 ...ect. Why would he/she (the investor) care what type of financing I (the buyer) gets?

Thanks,

D in DE

Has anyone ever paid off a house using this method. I heard of it about a year ago but when it was explained to me the person said it is best for people who have huge cash flow. It is explained on this site http://freedmontmortgage.com/products/asset.htm

I am not associated with any of these sites or programs. I was just curious if anyone has done this and how they liked it. It is a very interesting concept and you can payoff your house in like 5 years. Let me know your thoughts. CBRPower I know you were looking at something like this as well so let me know your thoughts.

I started a Investor and Bird-dog network here yesterday! It's designed to have investors new and seasoned to share ideas, knowledge and properties with one another. All you have to do is go to the fourm "My deals" and look for "Network for Investors and bird-dogs" leave a comment stipulating what type of deals you're looking for, deals you're trying to flip, Questions and answers etc. This will make it simple and easy for everyone to network and make deals happen!

I have been doing quite a bit of research and I came across this one

Its a site for commercial loans

http://www.ibank.com/

It is called I bank and you can make an application that will be sent out to dozens of lenders at the same time. I did it last night and this morning I got back 6 replies. Full and/or stated.

It cost 149.95 but it may be worth it, that is your decision but read thru site and see it if works for you. One application and multiple hits