How to Start Investing

Expert, localized Los Angeles answers provided by Heather Roy

How to Start Investing
	My business partner/other half would like to know how, if possible, can we start investing in real estate without no money down w/ a fico of 680 without using first time home buyer? We are running into dead ends with people telling us we can do it only to run into more problems w/ the financing side of it. Please help?

	One route might be to locate an older investor who might be willing to go partners, putting up money for some new investment in return for the younger partners doing the leg work. That way you'd have some supervision and guidance while you gained experience. A real estate broker might be able to help you find such a partner. Keep asking around. As for first-time buyer mortgage programs, those are mean for purchase of one's own home, not investment property.
	Edith Originally published on July 29, 2007

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