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Updated over 6 years ago on . Most recent reply
240k in Equity. Bad credit. Commission income.
My current residents is valued around $210000. The properties completely paid for. I'm a licensed residential real estate agent with less than 2 years of comission. I want to start leveraging my current home to purchase a multi family. 12-16 unit. Any tips? Been having issues due to my lack of verified income and was told I would need a CO signer to purchase anything after my refinance on my current home.
Most Popular Reply
There are few options Jarid,
Can you get a co signer? (family member)
Partner with someone
Join a syndication or partnership on a deal as passive investor.
Start smaller, buy one for cash using the HELOC and do the BRRRR strategy.
Pull your money out by 6 month and repeat the process.