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Updated over 8 years ago on . Most recent reply
How to purchase first rental w/out credit
Hello,
I'm wondering if anyone has ideas for how to begin investing, specifically purchasing my first investment rental property (duplex / fourplex) when i just went through a divorce and have bad credit. Ive paid off all the debt but it still reflex negatively on my report.
I have the 30k down payment and the ability and knowledge to manage the property myself locally, I'm just not sure how to secure a loan with my credit situation.
Any suggestions around how to get started and not wait for credit to improve with time? Thanks!!!