Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

74
Posts
35
Votes
Anthony Porembski
  • Rental Property Investor
  • Cleveland Heights
35
Votes |
74
Posts

Got capital but credit and proof of income not great

Anthony Porembski
  • Rental Property Investor
  • Cleveland Heights
Posted

Hello BP people!

So I'm looking to get started in the great game of REI! I've spent loads of time reading, watching and chatting with those who have created success for themselves in the field and I'm pumped to take the dive and apply what I've learned! Howeverrr....

I’ve been out of the country for 3 years mainly in Dubai and Europe but will finally be coming back at the beginning of next year. It’s been great and I’m grateful for the experience but I’m worried that NOT having 2 years of employment proof and NOT having stellar credit will hinder my advancements. I’ll have some capital, just over 100k but feel if I get it tied up into a property I won’t be able to take it back out in a refi.

Soo, do I get clever and find the right opportunities to get started, perhaps find a partner who has the pieces I don’t or do I take a solid year or so and whip my credit into shape and lock down some income?

Your thoughts and advice is much appreciated!