[robroy1971]

I lost my job ,wife head of house right now and my dream is to buy and sell homes. Were almost homeless now with 5 kids.how can I buy a home for 40 thousand from a neighbor and fix it up with no good credit and wife the only one working.

[tickle]

Hi robroy, when you find out how to get 40,000 with bad credit and one income, and only one working in the household, let me know too, please!

[Fr_Chuck]

First how much will you need to fix it up, What is the value of the house, what does it appraise for, what is the value

But you work a deal with the current owner to go into partnership with you, You get a contract for deed on the home, do the fix up, and invest your money on the improvements, then you keep making payments toward the home till it sells.

You do some split on the profit with the original owner.

I actually buy a lot of homes on contract for deeds that I have fixed up and fliped.

But depending on your area you may want to be sure and find the lowest most run down house in a area.