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Video instructions and help with filling out and completing Who is exempt from filing form 5500-ez
Instructions and Help about Who is exempt from filing form 5500-ez
Today I'm going to show you one way poor people can buy land with no money let's go welcome to Becky's homestead Music you have the strong desire to buy land you really want to homestead for you and your family but you have no money you have bad credit or no credit and you just feel hopeless well I'm here to tell you there is a way you can do it and I know because I did and now I'm mortgage free this is the perfect time of year to get started because you're going to be using your tax return so don't touch it okay step one is you're going to scour the papers I found when I was doing this the little local papers just had the best deals and what I did is if you live in this county obviously you're going to get the papers in your county but cross the line into the other counties around you if this is the area general area you want to live and get all the papers from all the counties and then go home and just sit there with a sharpie and just scour the papers and obviously what you're looking for is owner finance you're trying to look for land for sale by owner because there's no way you can go through a bank a bank is never going to give you a loan because you have no money for a down payment you have bad credit or no credit so forget it they will not even consider you but there's still hope in doing it this way because that's what I did this is my personal model that I live by small small small go small you don't need as much as you think and just in your mind you picture this huge big thing let me assure you that is a lot of money a lot of work and a lot of maintenance go small you can squeeze things in your land and make things wonderful and save money and you won't have to spend the rest of your life working working working to pay taxes and to cover all your expenses so don't forget go small two to three acres is plenty of land for a homestead so what you want is two to three acres and once you find a good prospect call the number call up the owner and scam how much they want for the down payment just be friendly and honest I find that's the best way to be just be direct and if he says the down payment is too big that he's asking for just say I can't afford that and you know sometimes you can work out a deal and they'll lower that down payment especially if you're they feel like you're nice and honest and they can work with you and the second question you want to ask him is how much of an.