Official Carleton H. Sheets^® Website

Hello All,
I'm looking for some help in getting started in investment properties. I have poor credit but I do own a home. With my current mortgage and other expenses I dont see light at the end of the tunnel for me in getting started. If you dont have great credit and you dont have free flowing cash how can this program help me get started.
Unfortunately I don't know any rich people and therefore feel left out of this whole program. I'v wasted so much money with a fix your credit company paying 59.95 a month with no results that I'm just lost at this point.
So I ask how can someone like me raise my scores and get involved with this program. Note: most of my credit issues were during my college years, chargeoffs and late pays etc. Can I do anything at this point besides wait until they drop off my report and then try and get into Carlton's program. I'm struggling day to day and hope there is some light at the end of the tunnel for someone like me. I know its a great time to be a investor but I feel these opportunities will just be passing me by.
Thanks for any information you can give me.

I'm no credit expert! However, read Suze Ormans book _title_d, "young and fabulous" it helps explain what effects your credit score. You can start with paying off CC with PIF "paid in full". You might try piggy back credit with someone you know to have a good credit score.
You need at least 650 to use a bank in a investment to qualify for prime 625 if the home is your primary. You might try and rent your current home and try to buy another home as your primary residence. This would allow you to only have to increase your score 27 points. That's nothing! You also said you had no money...You might try and get a second job to help with this problem. The second job would provide more money to pay your CC and debt off faster and/or help bring savings for investment.
What I'd do if I were you...I'd move to a small apartment with a rent 1/3rd of your houses then rent the house out. After you had saved enough for a down payment I'd move into a investment property fix it up and secure your loan. Get it ready for renters then move out and rent another apartment!
Hey I hope that helps...srry if it doesn't.
Ski

Good advice, skibum!
And, may I add, its really important to make paying bills on time a priority. Past credit issues that on a credit report may be taken into consideration more if your current payment history is good.
Did you read Lesson 5 in Carleton's course? It talks about establishing credit. If his techniques apply to your situation, it wouldn't hurt to give them a try.
Good luck!

thank you...your suggestions make sense.
I have thought about the apt thing before but my mortgage is 1700 and to rent I would probably need to lower that amount and include utilities.
I and working on getting my scores up and when I get them to 650 I should be good to follwo what you have suggested.
Thx again.