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Joe: Hey, it's Joe Crump again. The next question is:
"My credit is terrible. Can I still invest?" Joe: Yes, and that's the whole point of what
we're doing here; we're doing no money down and no credit, so that you don't have to use
your credit. Nobody is ever going to check your credit. You'll never be embarrassed.
Joe: It doesn't mean that you shouldn't improve your credit. There's a lot of things that
you can do to make that happen. I even sell a book on how to do it. I wrote a book on
it because I went through that process myself back when my business crashed in the late
80's and I had to go back and had maybe 11 pages of negative credit with about 3 million
dollars of bad deals that went south on that credit report, so I had to get all of those
off, which I did in a fairly short period of time. And, I wrote a book about it, which
you can get at CleanYourCredit.com. Joe: So, fix your credit, but don't worry
about needing good credit to do these deals. Once again, you're not using loans to buy
these properties. You're not getting loans from hard money, you're not getting them from
conventional lenders, you're not getting them from BC paper. You don't need loans to buy
properties. Use the existing financing. Use the financing that the sellers will carry
back. I think you'll be surprised to see how easy it is if you use the techniques that
I teach to make that happen. Joe: First of all, you have to make sure that
you get them to call you. If you're out there calling pre foreclosures - let's say for example
you're getting a pre foreclosure list from an expensive website that sells pre foreclosures
and you're calling those people up. They don't want to talk to you. Get people that want
to talk to you to call you and ask you for your help, and when that happens, then you
can make them an offer and it'll make sense to them - they're calling you for help. Good
luck with it.