Brand-Newbie Needs A Little Help!
Can someone please explain what exactly a bird dog or real estate jobber does?
Can you do it with bad credit? (Horrible credit...)
I've been reading the posts but I want to be sure I know exactly what a bird dog does before deciding if I want to be one...
Please bear with me, I am new!
Thanks,
Angela
How horrrible is 'horrible'???
A) Horrible meaning very high revolving debt levels & fairly low FICO score (500 - 600), but nothing worse than one or two 'lates'
B)Or truely horrible: Bankruptcy's, multiple late payments, repos or foreclosures, over 10K in credit card debt.
If you fit in 'A', then as long as you have alot of cash to put down & cash pay down alot of outstanding debt, you can get started.
If you fit in 'B', well, then you are just going to have to wait the 7 or 10 years until things fall off.
Good Luck!!!
a bird dog is someone who finds deals/houses for other investors. of course you get paid for your services, and that is between you and the investor. It is a good way to learn REI. Finding things others want and learning what they are looking for, why they want it, etc.
I would disagree with waiting 7 to 10 years. You can start now with little money. Pick up some cash Bird Dog, and then venture off doing Subject To deals.