Hi Mark! Appreciate ur response.
Is your AGI  too low because of write offs or is it really too low. Most banks nowadays are very careful to only lend to those that legitimately can afford the loan.

If you are serious about buying  properties I would recommend private funding. There are many lenders out there that can help,

I would want to know first  what  is  your strategy  for funding and exiting, Depending on your goals  will determine what type of a funding strategy you should pursue.

Happy to help
Shaz

Thanks for your reply Janet

Beginning in real estate with a bad credit  is difficult for many investors, but with creative financing you can reduce the hurdles

Whenever you start investing you've to note down two important things on paper: Funding Strategy and Exit Strategy, if you step into real estate without a plan, you'll face a lot of problems during decision making.

I've beed reading business and investment books for over 2 years, but after 1 year i felt that the only way this knowledge can be applied is through lots of networking. " IF YOU DONT ASK, THEY WONT TELL", start networking with property mgmt companies, brokers, private lenders, get in touch with the market conditions, areas of growth and paperworks involved.

I would love to help you with the contracts and leasing options, unfortunately since i'm in india i dont have much idea about US real estate laws, but there's a forum just for real estate investors www.biggerpockets.com where you can find many mentors and investor groups, if you haven't joined it yet, kindly join and increase your network!!

I hope this helps, if you've more doubts, appreciate it
Stay in Touch
Shaz