My real estate career started way back in 2003. I had absolutely no credit. After attending a couple of seminars I went to a local bank and opened a savings account. At my last seminar the instructions was to ask the bank to lend me part of the money I deposited.
As I pay back this loan the bank reported my payment history to the credit agencies. After one year of working on my credit, I bought my first house.
The excitement of buying my first home was soon over. Now I wanted to purchase three more properties that year. I attended most of the seminars that came to town. You can do the same thing. Well if you have a lot of money you can bypass this route pay all cash or down payment .