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Updated about 1 year ago,
Best Financing Options for Investment Property with Suboptimal Credit
Hello everyone,
I've been considering investing in an additional property as an investment, but I'm faced with the challenge of not having the best credit score. I've heard about leveraging the equity in my personal home or exploring alternative financing options, but I'm unsure of the best route to take.
Does anyone have recommendations or insights on:
- -How to effectively use the equity in my home for purchasing an investment property?
- -Alternative financing options that might be suitable for someone with less-than-stellar credit?
- -Any lenders or institutions that specialize in financing for investment properties under such circumstances?
Any personal experiences, advice, or resources you could share would be immensely helpful. Thank you in advance for your guidance!