Then I guess he will have to decide if he’d like to keep his credit score or have a judgment against him.

They agreed to try to find something to buy but my father doesnt have an amazing credit score like me or my brother, plus he is unemployed so he wont get a mortgage.I told my brother that he has to be the one getting the mortgage because I have plan of starting my real estate investing career in January (buying a duplex) so I cant have a mortagage like that on my name because my debt to income ratio will be high.

You will have to hire a securities attorney to work with and guide you through the legal structure as well as the legalities of the capital raise.Bottom line, it's totally possible to raise the funds, but you need to have the right structure in place and a track record to support it.

Despite having a solid track record of analysis and execution as well as the ability to personally guarantee loans due to a fantastic W2 job, I am struggling to raise capital apart from banks.I would really appreciate some insights from those of you who have felt this same frustration.

It's called Debt Service Credit Ratio.

In 10 years, you'll be glad you did.thank you karen. interesting, the more i dig the more reasons i find for single family house to be a better option. starting to understand why they are cheaper when compared to an equivalent sfh..regarding financing , i would love not to put 100%, but i'm not a from the us and from what i understand i can't get any mortgage in the us yet (don't have a credit score, nothing). my plan is to buy the first property now cash only and start working on getting my credit score going so in 18-24 months i can buy my next one with a mortgage.Originally posted by @Scott Schultz: Regarding Condo Exterior repairs, it is also common for a major repair to require additional funds over the HOA dues, so a Special Assessment is often levied.

I had a VA send the emails and track them to avoid spamming the sellers.

As of now i am working on building my credit , since i do not have my own money to invest.

They keep track of who they contacted so we don't spam the seller.

Based on my credit, income, and a few documents I had to provide they were able to get me the money in 5 business days.