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 9 years ago on . Most recent reply

In need of help!
Good morning BP!! I really want to get started in the biz but I'm having one issue. I have my HML set up but I don't have an exit strategy. I went through a divorce and my credit took a substantial hit, so conventional financing is out of the question. I'm looking to buy and sell as well as buy and hold. What's a good way to move forward in this situation?
Most Popular Reply

Shawn,
You need a lender that will not look at your credit history as a determining factor to approve you. However, your first few deal will be a little expensive. But after 1 or 2 you will have lower rate. Do you have a property under contract now?
I am lender and could see what we can do. We have various options. Fill one form on site and let me see.
We lend nationwide.
Thanks
Joe