Ways to get a loan for a homely house or apartment with bad credit

The most questions that are common am expected every week from the real time BiggerPockets Webinar is just, “Can you explain how exactly to purchase a residence with bad credit? ”

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It’s a question that is great. A large chunk of Americans still have a credit score of less than 600 while the average credit score in the U.S. Is anywhere from 669 to 699 depending which credit report is used, with those numbers steadily rising year over year. Which means a big amount of people aren’t able to have a home loan, hence making purchasing a home or real-estate investing a task that is difficult.

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