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Updated over 7 years ago on . Most recent reply

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10
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1
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Leon Wang
  • Orlando, FL
1
Votes |
10
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How can I get a loan with no credit score and credit history?

Leon Wang
  • Orlando, FL
Posted

Hello BiggerPockets members,  My name is Leon.

Before I tell you about my story, I will appreciate any advise you guys have.

I'm a Chinese and bought a handful of condos in Orlando FL last two years. All these condos are free and clear.

About 1 months ago My family immigrated and became a US resident here in Chicago,IL.

So far I'm looking for a  leverage to expand my portfolios.  I have a W2 job but no credit score and credit history.

Can anyone suggest me where and how could I get a loan from lender? 

I prefer the conventional loan, no interest of the high rate hard money, because buy and hold is my vision. 

Most Popular Reply

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6,408
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Brent Coombs
  • Investor
  • Cleveland, OH
2,655
Votes |
6,408
Posts
Brent Coombs
  • Investor
  • Cleveland, OH
Replied

@Leon Wang, you need a Portfolio (Asset-based) Lender. Yes, Interest Rate will be higher than your typical conventional loan, but, er, you're not playing by their rules (yet). Good luck...

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