Investing with bad credit

[Michael Staiman]

I’m trying to figure out a way I can still be involved with real estate with a 1.5 year old bankruptcy on my record. I had a business fail and I signed for a lot of stuff personally so I had to file for business and personal. I’d like to get a conventional mortgage on a fourplex next. 

I can't get a conventional loan for 4 years after the BK discharge date, so 2.5 more years. I have a triplex, fha loan, I live in currently for that last 3 years. I'd want to do house flips until I can get a bank loan for the fourplex. Or a HELOC on my triplex so I can purchase something cash and brrrr it.

I figured if I can show a private or hard money lender I’m managing my triplex well. That I’ve been working on my credit, it’s now 690. I’ve been a contractor for 15 years. My spouse just got her real estate license. I flipped 1 house 5 years ago for a profit and can prove it. I have some cash and equity in my triplex. Maybe someone could look past the bankruptcy if I can get a good off market deal under contract with enough meat on the bone first. Any suggestions or advice is appreciated. Thank you all.