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Updated almost 4 years ago, 01/23/2021
Big plans/small credit
Hi Guys,
I have less than desirable credit ~600 (had a business loan that I defaulted on a few years back). So I'm looking to find a deal with seller or "creative" financing. And I am looking for a commercial space (with live-able area or apartment). I'm hoping to live in the space and rent out to an additional tenant or to a business. A duplex or triplex would be ok as well.
I need to find a location within a densely populated city with space to safelyhouse 2-3 vehicles (for my other business), outside of space for the vehicles, I do not need the commercial space. The big thing to me is housing multiple vehicles in a central location of the city (Chicago is the primary option but would consider a move to another densely populated city like Vegas, Houston, or Atlanta..... tourism matters for my business)
How would you guys proceed with trying to acquire a deal given my situation? I know this is open-ended and full of variables, but basically I need to move to a more central location of my city, or to a central location of another city, and in doing that I want to attempt to put my best foot forward on making that next move an investment property. Thanks for your help, don't rip me too hard for being a noob.