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 6 years ago,
New to real estate startups/ first deal
I’m looking to fund my first deal. The first is the hardest from what I can tell. I’ve found a property and have a quote on the rehab cost. I have been looking for funding from hard money investors and it is stressful being my first deal. Most of the lenders seem like scams or don’t have good reviews. One of the lenders wants me to have $15,000 liquid. I have a rental property already I’m looking to refinance and pull down the equity of 20-30k. I don’t want to damage my credit score further and I have a lot of inquiries already. I just bought another house the end of last year and a car shortly after and have around 11 or 12 inquiries. My credit score is around 670 and need a 600 for my deal. I need help?