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financially stupid.
But I had bad credit when I decided I wanted to get in the family business (buying old houses, fixing them, selling or renting them). My family told me I had to learn how to get a house with my own determination. They would be there for moral support, but it was up to me.
I spent two years cleaning up my credit...and building my credit. I had to start we a secured credit card and slowly add more lines of credit. I got a job that I'm not too crazy about it, and hold it for several years.
Then when I found a house, I had to go through all the shit that it takes to secure my first home loan. I jumped through hoops and barely slept for six weeks. It didn't matter that the house was priced WAY under value. It didn't matter that I could show banks what my plan was with a business plan. It didn't matter that my family had done over one hundred homes and owned over forty at the time. In fact, they would tell me to ask my family for money.
This week marked on year in my first house. My family is giving me advice as the work SLOWLY proceeds. But I'm using money out of my own pocket (mostly because banks only want to offer shitty deals for the money)...AND I'm doing all the work.
I'm very sorry when things like this happen to people. But I have to say, "What the fuck were you thinking?". This is one of those things that stinks from the first time you hear it. What happened to the money you made from years on your show? And in all those years you never asked anybody how to use your money? Why is this guy, Giraldo, the ONLY person you called? You talked to one guy and didn't look at all you options?
Sucks for you dude...welcome to life. Consider it a very expensive lesson.
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