The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.

Taylor Cochran keep in mind that if you are going to have a bunch of equity in the house after you purchase you could possibly tap some of that equity through a Home Equity Line of Credit.

The problem is that i have a poor credit score.

I have been told people are 4.5% at certain credit unions but have not found that.

There are a lot of third party services that will do credit and background checks for you.

to pay off my credit cards and use the rest for down payment for a quadplex !

why not do like i did, go down to local Credit union and start it up?

All that assuming you can get a loan from a bank (maybe someone with bad credit).

Before you purchase a property, I would suggest going to your bank and applying for an increase in your credit card and line of credit limits (don't use them, just have more space available).

My credit union is holding these loans on their balance sheet but the longest term I can get is 7 years.