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Updated almost 9 years ago on . Most recent reply

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25
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4
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Jeffrey Messee
  • Spokane, WA
4
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25
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Where to start

Jeffrey Messee
  • Spokane, WA
Posted

I have been consuming books like crazy to try and educate myself as much as possible. A few of the books I have found here and a few other just by searching. My interests are in buy/hold and flipping. I understand that educating myself will only get me so far and that I will have to start looking into my first deal at some point. Since my credit isn't the best, what would be the first steps to take to put me on the path to success? Is it even possible based on my not the best credit? 

Any advice l will be greatly appreciated..

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

I would suggest you get with a mortgage lender who can tell you exactly what is wrong with your credit, they might possibly be able to tell you what steps to take in order to improve your score. 

Also determine where you want to purchase property and then start saving for the down payment for conventional financing for your buy and hold strategy.  If you already have the money great.

Check to see if you have a local investment club in the area and start attending.  Should be netwroking locally.

Good luck

  • Curt Davis

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