Welcome to the Investing in Real Estate Show. I'm Clayton Morris. So glad to have you here on this show today. Today we're going to dive into an important topic. Creative

financing now I've talked to a lot of investors from different walks of life over the

years and I've personally used almost all of the creative financing

options that we're going to talk about in today's show.

A lot of people get stuck.

They get stuck in the trap of thinking that they can't invest or that investing is for other people.

It's simply not true. I think, oh if I can't get

traditional financing that I'm just done. I can't do anything else. I think if

investing in real estate is something that you truly want to do, you can make it

happen with a little determination and

creativity so I when I started in real estate investing I was like a dog with a

bone like nothing was going to get in my way for making this happen. Nothing. I had in the 500s for a credit score. I had $75,000 worth of debt roughly at that point. I had started paying it off. I still

had student loans. I had credit card debt. I had a very high debt to income

ratio. I had also gone through a foreclosure.

Given the 2008 real estate collapse,

before I had become a real estate investor,

I had done two flip properties in Florida and Orlando where I lived,

and then I bought a primary house where I lived and I moved to Philadelphia for a job and this home remained in the market crash and I couldn't sell it and I couldn't rent it for what I mean half of what I could have paid

for a mortgage payment for it so it just sat just sat and you try to work something out with the

bank and it ended up going through a foreclosure.

And yeah, cautionary tale, right?

But hey, we all went through it.

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