How can I buy a house with no credit or savings


In this podcast, I discuss how ANYONE can buy a home without using your credit or savings for a down payment. This is a simple description of a process that I have used for years to build a real estate portfolio. You can use this same technique to get a home in the area you want without using your credit or down payment savings.

CanIOwn Season 1 Episode 18

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  • Robert Johnson

    Reply Reply March 30, 2019

    My name is Robert and I was listening to your podcast on creative financing. I have a question specific to my situation. Me and wife want to buy a home. She has been on her job 7 years and I do uber. Problem is I write off too much on my taxes. Is there anyway to show more income or another way to show my income. Seems very difficult to get approved with this type of self employment.

    • Art

      Reply Reply March 30, 2019

      Hello Robert,
      In the new gig economy, people have Uber, or Lyft, or some other service as their primary job. The best way to show proof of the income from these jobs is to keep track of your bank statement showing ALL deposits that you receive from the service. You can then easily add up how much you make each month and present it to the lender as your income. The lender will then ask for proof and you will provide a letter of explanation showing that you drive for Uber and copies of your bank statements with the deposits from Uber highlighted. This should satisfy a lender and allow your income to be added to the loan (3-6 months of bank statements should be good enough). Good luck!

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