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Updated almost 3 years ago,
Help! 1 Investor has the Credit Other has the Income.
Hey Bigger Pockets,
Here’s the situation.
Investor A - is moving (09/2022) to Joshua Tree CA. from out of state and intends on purchasing a property to occupy for approx. a year and then rent. Investor A has qualifying income but bad credit (<580) and approx. 4% of the purchase price available for a down payment.
Investor B - is looking to purchase an investment property out of state. Investor B does not have qualifying income but has great credit (>700) and approx 10% of the purchase price available for a down payment
How do these two investors partner to make this deal work??