No Credit Bad Credit No Problem [Part 2]

Answering a questions

It's good to have comments on my blog, but I would like to answer a question that was brought up during my last post. "How can you afford to pay a mortgage if you have bad credit? Well for starters there are some people that filed for bankruptcy for starters. For some people it's a fresh start, but the downside is your credit is bad for about 7 years. I know someone that filed for bankruptcy and now has enough money to pay for a mortgage, but there are no lenders that will lend him money because of the bankruptcy. There are people out there that have bad credit and still can afford to carry a mortgage. Basically people that rebounded from past problems with credit can use these methods to acquire a house (Sellers financing and lease option).