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Updated about 13 years ago,

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2
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0
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Tierra Jenkins
  • Real Estate Investor
  • APO, AE
0
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2
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I need guidance!!!

Tierra Jenkins
  • Real Estate Investor
  • APO, AE
Posted

Hello all,

I am in the miltary and I have 10k in my savings account and no collateral. I have a credit score of 654 and I would like to own an apartment building. I don't want to take out a loan for 500k for my first foray into commercial real estate. I have been reading book on real estate but I want just need advice on where I should start. Maybe the first 5 steps I should take. I am just nervous and I know 10k isn't a lot in the long run but for me its my nest egg and i don't want to waste it on a missteps. Is it realistic of me to believe, with the qualification I listed above, that I will be abole to find a loan to buy an apartment building? Please help!!!

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