how can I buy a house with no credit established?

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December 29 2009 - Ecorse
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Answers (2)

Profile picture for Jason Bonas
there is always the cash :)

question... do you have bad credit or no credit?

- first speak to a lender? if you just have a lack of credit find out if they will accept alternative forms of credit (rental history, on time bill payment etc...)
then find out from their perspective how best to go about getting a property loan. or establish credit and wait

- if you have bad credit... go work on it
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December 29 2009
Profile picture for PaulEB
There are many ways to buy a house with no credit. One way is to use the sellers money. Another is to assume the sellers mortgage. Or you could use a lease-option. See these two references

Seller Financing


Rent to Own Investing



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December 29 2009
 

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Questionhow can I buy a house with no credit established?
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  • December 29 2009
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