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Updated almost 6 years ago on . Most recent reply

User Stats

23
Posts
4
Votes
Walter Feeney
  • Realtor
  • Lawrence MA
4
Votes |
23
Posts

Getting started on my first deal

Walter Feeney
  • Realtor
  • Lawrence MA
Posted

Recently tried getting pre-approved for financing on a down payment for a multi family home. Rejection I ran into was a lack of work history (I need two years). Only other option of achieving financing through this means would be to find a co-borrower who has to be family related (as far as I know). Wanted to hear what everyone's thoughts were on my next best course of action. Been in touch with a realtor who had mentioned finding a partner to work a deal with (headed to a networking event tonight). Was also considering saving more money over the course of this fall to do a fix and flip or BRRRR. What are your recommendations?!

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