Hi Investor,

Trey with www.BuyHouseWithNoCreditCheck.com

Hope everything is going well for you.

Welcome to Part 4 of 4

“How You Can Buy Your House With No Cre.dit Check”

Let’s go.

http://www.buyhousewithnocreditcheck.com

(c) Trey Patrick All Rights Reserved

The fourth house that I heard about was a couple who called me on one of my ads. Ad read: I will buy your house in 7 days or less. Stop Foreclosure. No Equity - No Problem Call 24 hr rec. msg 866-123-4567.

The lady of the house called and told me their situation. They were three months behind on their house. Their grandmother had gotten sick and one thing led to another and next thing you know they are behind three months.

Now if you get in this situation, you soon found out about the fangs of the ‘collection dept.’. Now their job is to collect your mortgage and they can get a little upset if they don’t.

Well, short story, their house was going to the auction in less than a month. I took my wife with me and we went to talk to the couple. At the time I did not know how to help people stay in their house. I was like every other investor in town, I only knew how to buy it.

Side note: One of the keys to this business is caring about people. I get a lot of my deals because I truly care. When I went over to their house, I went with the intention of helping them stay in it. I took my wife along because we had lived with her grandmother for several years until she passed away and I knew that sometimes people just want to talk.

I got on a three way call with the bank and the owner. The owner mentioned I was on the other line and I was a friend who knew more about this mortgage thing than she did.

I asked questions like: 1) how much was owed? 2) how behind were they? 3) What did we need to do to catch up the payments? 4) Most importantly, I asked what would it take to stop the foreclosure proceedings?

The answer to the last one was to start making the payment and they would review it again in several months. They had to see if this couple was able to make the payments before thinking about the late payments.

Remember this- The last thing the bank wants is your house. They are in the money business, not the house business. They would lose thousands on your house and many months of having a vacant house.

Now the collection dept. is not going to tell you this but the ‘loss mitigation dept.’ is where all the loans go when they are ‘nonperforming’.

They are the dept. who will help you to stay in your house. The worst thing you can do is avoid them. Talk to them.

O.k., getting off track.

So with the bank saying they would work with them, the couple could stay in the house…but they didn’t want to. They wanted a fresh start. I had just gotten the third house that you heard about last email. These people made good money and I wanted to help them.

I put them in the 3rd house and put down $10.

***Notice- fourth house and less than $10 put down on any of the houses. You can do it. It can be done.

I don’t need to get into the specifics of this house because it goes way beyond rent to own or lease purchases. Just to say that I had as many years as I wanted to either sell the house or to put it into my name.

They gave me the title to the property. And I had their mortgage still on the property.

NOTE: Be careful just lease purchasing a house with someone who is in trouble. Why? If they get any liens toward them, it gets attached to the house. So then when you try to buy the house one day, you have to pay the liens off to release the title.

Back to the story…

I placed an ad in the paper. I got several calls and finally put a couple in it who pays me $250 more than I pay a month. I will probably keep the house for awhile. With $250 a month, I’m in no hurry;-)

Mistakes I made:

1)Getting out of my territory. This house was about 40 minutes from where I lived and I didn’t know the market or the town that well. I took it because I wanted the experience.

2) Not getting enough money down on the front side from my tenants. I am learning a lesson and this is the lesson: The more money someone puts down on a house, the more they will pay their rent on time.

The more interest they have.

I’ve had the most problems out of this house so far, because I received very little down as far as option money.

3) Getting an older house that needed work. I didn’t have a lot of money to fix up the house, so it was tougher to get it rented.

I hope this mini-course has helped you to see that YOU can do this.

What will stop you? **Fear**

Courage is going forward in the face of fear, not the absence of fear.

You can do this.

Maybe you were told that you would never amount to anything. They were wrong.

An Old Saying Goes Like this- The Creator don’t make no junk.

I know it’s not proper English, but you get the point. As Nike says- Just do it!

Did you know the first deal is the most important deal?

Don’t give up! You can do it! Let me show you how.

All the best, Trey Patrick

P.S. Don’t forget: There are so many details that I just didn’t have room to tell. Get thecourse!

http://www.buyhousewithnocredi tcheck.com

***Only $97… Is it worth it? You decide- or email me and ask for you money back- no problem- *But that hasn’t happened yet** KDD Enterprises Inc. 1720 Epps Bridge Rd. Ste. 108-243 Athens, GA 30606 US