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Is it possible to get private funding of $1.3M as a new investor with poor credit?
I am looking to buy a 5-unit property that is fully furnished and doesn't need repairs. The units are currently all AirBNB rentals. I want to live in one and use the income from the other units to pay the note. As of now the property is grossing about $205k/year. The asking price is about $1.3M. Where should I look to finance this type of purchase?
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Jay Hinrichs
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U can over come poor credit with large to larger down payment but rates are going to be much higher.
- Jay Hinrichs
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