Bad Credit Lending Strategies for Refi

[Angel Lee]

Hello All,

My first deal. I have a beautiful property already approved by lender for rehab. The problem is, I don't think I will be able to qualify for refi and this was my exit strategy due to my last business venture leaving me in a bad spot credit wise. Hoping to use this property to clean that up asap.

I'm currently shopping it for wholesale and entertaining the flip idea. But wondering what are some creative options (if any) for someone who would like to hold on to this property. Maybe some lenders that might work with me. Property Details below.

3br/2ba, Canby, MN, ARV 135,500, Est Rent 1,500