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Updated about 9 years ago,
Great credit, very low cash reserves
Hello,
I have been doing research on real estate investing for a few weeks and would like to get going but I have the dilemma of very low cash reserves. I have great credit but I do not want to do a hard money loan. On the other hand my fiance and I currently own a home and gave thought to moving and renting.
Does anyone have advice on a way to get pre approved for an investment loan with great credit but low cash reserves or should I go the slow route by moving and renting until we save the cash reserves?