Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Seller Financing - The Best Option for Bad Credit?
Hello, Friends,
I made poor decisions with credit cards between age 19-24. Now, I'm 25 and I'm working hard to fix this problem.
However, I fear my bad credit will prevent me from acquiring assets and increasing my cash flow. I'd like to begin my journey by purchasing a tri/fourplex. Is seller financing the best option I would have if I don't qualify for any loans?
I am in somewhat of a unique situation. I'm in the military and I'm PCSing to the states next month. However, due to complications, I still have no idea where I'm going. This makes it difficult to know which banks, and opportunities are in the area.
I'd greatly appreciate any advice. Thanks for your input!