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Updated almost 9 years ago on . Most recent reply

User Stats

280
Posts
88
Votes
Christine Mwai
  • Investor
  • Alabaster, AL
88
Votes |
280
Posts

Any ideas on how to do a cash out with less than good credit?

Christine Mwai
  • Investor
  • Alabaster, AL
Posted

Hey all! I've been trying to brainstorm on how to do a cash out to enable me to move forward in my real estate investing. Here is my diallema.. And history: my credit is not good due to a foreclosure etc secondary to a divorce. I therefore had to work and save coz I could not get a loan. Thus began my real estate journey.. Bought my first after divorce property cash.. A foreclosure.. For $73k..  Did the same about 2 years later.. These are both cash flowing rentals free and clear. How do I cash out to move on to another? Conventional lenders will not give me the time of day.. Thanks.

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