Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

38
Posts
12
Votes
Shawn Gardner
  • Investor
  • Flossmoor
12
Votes |
38
Posts

In need of help!

Shawn Gardner
  • Investor
  • Flossmoor
Posted
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?
  • Shawn Gardner
  • Most Popular Reply

    User Stats

    31
    Posts
    7
    Votes
    Joe King Jr
    • Lender
    • Philadelphia, PA
    7
    Votes |
    31
    Posts
    Joe King Jr
    • Lender
    • Philadelphia, PA
    Replied

    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

    Loading replies...