All Forum Posts by: Tia Rubadeau

@Richard C.

I will look into getting my FICO, I haven't checked in awhile but nothing has changed debt-wise and all on time, student loans are being paid as agreed, it just shows that I have a lot of debt. Thanks for the feedback.

@Derek Smith

Thank you, I will check that out.

@Account Closed

I would love to put my houses up for collateral to secure a loan, but I'm looking for options that would allow me to do this. I do pay taxes--the challenge is that my tax returns from the past two years are as a school counselor (not the most lucrative profession) and this is my first year being self employed. Also, I am not in default on student loans all payments are current I just racked up a lot of debt to earn that Masters degree!

Hi everyone,

I'm new here and was wondering if I could solicit some opinions on financing options to keep business growing. I'm avidly reading, listening to podcasts and working on a business plan but keep getting stuck on the financing as that is the major factor that will determine my timeline moving forward.

My credit is not great but not awful (lots of student loans primarily, few late payments, etc.), however I don't think I will qualify for any traditional bank financing. I was a school counselor but am now self employed so proving income is also a challenge. I own two properties (both paid for)-- one is being converted into a multi-unit rental and should bring in about $1416 cash flow per month after costs. The other will be my primary residence in a month or so when rehab is finished. I acquired both of these properties this year so I haven't owned them long.

Does anyone have suggestions for obtaining financing (specifically financing with houses as collateral) to move forward in rehabbing and flipping properties and acquiring rental properties? I'm trying to find a local hard money lender to talk with (no luck yet) and looking into home equity (but proof of income and length of ownership seems problematic). Any other good options I'm overlooking?

Thank you!!

Hi everyone,

I'm just getting started with real estate investing and am so excited to have found Bigger Pockets! Between my husband and I we are well versed in the construction, estimating and rehabbing end of things but have so much to learn about everything else (markets, financing, finding and closing deals, being landlords!, etc). We hope to rehab and flip properties as well as acquire rental properties. We are just getting started with our first rental property. We plan to start locally because its affordable and we know the area, but I'm an ocean girl at heart and really hope to move into other markets at some point ; ) I'm hoping to gain a lot of insight here and looking forward to having people to bounce ideas off of and hope I will be able to do the same for others!