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Updated almost 2 years ago, 02/14/2023
Finance options for new investment
Hey guys,
Im new in the industry , I dont have 2 years tax return i have only 1 year so far, and my s corp business open 1 year only.
I had really good income in 2022 so i have money in my account but i dont want to put full cash on something , i prefer to buy 3 properties with this cash. Thats my only problem that my credit is only 10months , business open a year only.. so im limited.
My strategy is BRRRR so remodel is part of my investment. so i want loan on the remodel also and also for the house
What type of loan you think i can get approved? and with how much down payments ? Happy for advice
Another questions: is good to take a lender from same state i live or from same state im investing in? it is matters ?