All Forum Posts by: Malik Ali

Is it best to build business credit to use business cards as a form a of a down payment on closing costs in escrow? Can you not use personal credit as form of down payment? I know there are multiple ways but with great credit/credit history and little to no funds as a first time buyer what’s the top creative ways to begin?

0 Votes

Thank you all! I have the cities, FICO score, just don’t have 20-25% to put down.

Originally posted by @Matt K.:

You might want to narrow down your search from states to at least cities... but lending isn't hard IF you can document your income and have the 20-25% down, plus cash reserves. If you have that and still are having problems I can get you a referr

0 Votes

Hello,

I am a new investor looking to begin investing in rental properties out of state. I currently am located in the Los Angeles area. Looking to invest in markets such as North Carolina, Georgia, and Missouri. I currently am struggling in finding financing to but a SFR in one of these markets. I have contacted major banks. Is it best to go through a bank you already have relationship with? Also, looking for people to network with in the Los Angeles Area who also invest out of state. Would love all the help that I can get. Excited to begin this marathon of a journey, just eager to begin getting started.

0 Votes

All Forum Posts by: Malik Ali

Malik Ali has started 2 posts and replied 4 times.

Post: Building Business Credit

Post: Building Business Credit

Post: Out Of State Investing

Post: Out Of State Investing