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Updated over 7 years ago on . Most recent reply
How can I get a loan with no credit score and credit history?
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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@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...