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22 March 2024 | 3 replies
This is a pretty weird question, I know, but I am curious.I get that you can do deals pretty much anywhere, and there are good deals all over the country, but I don't believe that the markets are equal in this regard.For example, if the seller has the ability to look at your credit as an investor (which throws out one of the sole purposes of doing a seller finance), versus states/markets that don't require that as much, I would like to know the states/markets where owners checking your credit history is not going to be prevalent in a deal, assuming the seller is willing to do this kind of deal with you.For context, yes, I am a new and aspiring investor, and due to certain circumstances, my credit is currently not the best, but I don't want that to stop me from investing in real estate (which is why I'm leaning to using seller financing).Please no answers saying that I should just raise my credit score and get an FHA/Conventional loan, because I am currently working on raising my credit, but I can't give a time on when my credit will be "back to normal" again, which could mean I could be stuck on not qualifying for a loan for the next couple of years (ain't nobody got time for that).Thanks for the help!
23 March 2024 | 12 replies
Although I don't make very much from my W2, I've been there for 10 years, I have 2+ years worth of emergency funds, and excellent credit.
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20 March 2024 | 1 reply
Did you know about various tax credits available for real estate?
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22 March 2024 | 1 reply
Anybody have tips on logistics/laws/helpful apps i should maybe be aware of im looking into using buildium also thanks.
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22 March 2024 | 19 replies
Business credit cards?
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22 March 2024 | 8 replies
Or if you can get a 0% interest credit card to purchase materials - I've had to do that in the past and put 70k on two credit cards :-/ Then when the bank finally came through I paid off the CCs.
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22 March 2024 | 4 replies
According to the PMC, they do background checks, credit checks, past rental checks, the works.... problem is these tenants are serial renters.
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22 March 2024 | 5 replies
Do a home equity line of credit, and use that money for our next investment.
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22 March 2024 | 11 replies
Credit union is offering 6.5% mortgage loan for multifamily property.
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22 March 2024 | 7 replies
We both have great credit scores (low 800s) we own a property for collateral.