Expert: kkemper - 3/23/2005

Question
HELLO KKEMPER,
 MY NAME IS JAMES GREEN AND I WOULD LIKE TO KNOW IS THERE ANY LOAN COMPANIES OUT THERE THAT WILL LOAN SOMEONE WITH BAD CREDIT A PERSONAL LOAN. I WENT THRU A NASTY DIVORCE ABOUT 9 YEARS AGO AND FOUND OUT RECENTLY THAT MY EX-WIFE AND HER SONS WERE USING MY CREDIT AND DESTROYED IT NOW I AM HAVING A HARD TIME TRYING TO GET A LOAN. I JUST STARTED A GENERAL CONTRACTING COURSE AND HOPEFULLY WHEN I FINISH IT I CAN TAKE A UP A REAL ESTATE APPRAISER COURSE. I WANTED TO START PURCHASING SOME EQUIPMENT BUT I CAN'T GET A LOAN. I AM CURRENTLY STAYING IN A NICE APARTMENT AND I HAVE A DECENT JOB THAT PAYS WELL UNTIL MY BUSINESSES ARE UP AND RUNNING STRONG I CAN MAKE PAYMENTS ON A LOAN BUT I DON'T KNOW WHERE TO LOOK. I HAVE BEEN ONLINE LOOKING, SO I WAS HOPING YOU COULD BE OF SOME HELP.I TRULY WANT TO GET INTO REAL ESTATE AND BE SUCCESSFUL, IT IS A LIFE LONG DREAM OF MINE. I JUST WISH I WOULD HAVE KNOWN SOMEONE WAS USING MY CREDIT. THANK YOU IN ADVANCE FOR YOUR HELP.

Answer
u might need an atty; to get your name cleared up with your
credit.  

THIS IS CALLED SCREAMING, by the way.

HOW bad is your credit?

ask local real estate mortgage brokers if they have
available, HARD MONEY LOANS.  With one, you can buy
fix up real estate and not need credit at all
[more expensive and lower loan % compared to value]

also you can get control of a property, I can show you how and find a partner to help you buy it.

etc

kkemper1@Mindspring.com

thanks for asking