All Forum Posts by: Haniyf Mark

Ok sorry guys. I thought I updated the post. But here is what is happening. I bought this property for about 72k. I put 70k- 80k in it. I was looking to pull as much as I could out but I was denied because my FICO is at a 650. My credit took a big hit because I used a lot of my own personal funds and was getting hit pretty bad. On another note I had a lender tell me 8.5% and walk with 120k which I’ll be leaving a lot money in it with a high interest rate. I’m 100 percent sure I can rent this out for $1750. I’m not sure if I should bite the bullet and learn from this or sell and start over. 

Hello community. Recently I was denied a DSCR Re-Fi Loan on a deal I bought a year ago. The house took me forever and until now to finish. I was a little over my head and had to fund the project with my personal debt. Now that I'm completely finish, I was denied for refinance. Should I just put this house on the market sell it and call it. Any advice?