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Updated over 2 years ago,

User Stats

7
Posts
2
Votes
Matthew Griffin
  • Realtor
  • Atlanta, Ga
2
Votes |
7
Posts

Financing options for first investment?? "10-99" with Low Credit

Matthew Griffin
  • Realtor
  • Atlanta, Ga
Posted

Recently I purchased my first investment property (all cash) and my funding option fell through. What additional option would be worth looking into?

The following are the details of the investment...

Purchase Price: $17,500

Rehab: $60,000

ARV: $125,000

Market Rent: $1,000/month

Area: Downtown Macon, Ga

My details:

Low Credit Score

10-99 (1 year of tax returns)

$20,000 liquid to use as needed.

Any advice on what options may be available?

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