Since people think they must pay for their dream property all at once they will not even look for it. Erroneously! Homes and land can be bought with a small down payment and no bank or credit checks. If you’re like most you need to start doing for your future. Leaving rent payments behind forever. A house or property will build assets in addition to giving you ownership once it’s completely paid.

The secret is: Owner financing. While still going to college, I was renting a small house in town for $250 a month. Sure, I had a place to live, but besides that there was nothing else I was ever going to get out of those $250 I paid month after month. I then found an ad in the paper and got out of the rent-trap. It lowered my monthly payments to $175 a month and I started paying off my own place instead of paying rent!

Owner financing means that the owner of the property will let you pay it off like a loan. You get the deed once the property is paid. For most it does not matter who buys their property. There for most don’t check credit. I think credit reports are scams. If you are capable of making your monthly payments owner financing is available!

Low or now down payments. Many properties are offered with low or now down payment. If you find a property with a high down payment, ask why! Many sellers are willing to reduce or even waive a down payment. However, you should be able to pay at least the first monthly payment and a document or closing fee for the paperwork. Which brings on the next point, get signed contracts and keep record of payments. Avoid paying cash!

Once payments are commenced the majority of sellers will allow you to use the property. Make sure you ask about that! Never assume anything! If you are buying a house with owner financing, you can start living there right away and immediately stop paying rent (check your rental contract)! You will then start paying off your own property instead of just paying for the privilege to live there. When purchasing land ensure mobile homes are permitted. Inexpensive mobile homes are easy to find. They don’t have to be trashy! Save up the money you wasted on rent for your dream house.

Clearly one can obtain their own home or land without banks and credit checks! Simply look for ads with wording such as "terms", "owner financing", "financing available" and "owner will carry".And even if you find a house or property without financing, you can always make an offer and ask if the owner would be willing to finance!