I am a brand new investor with bad credit & limited financing...how do i go about getting financing to jumpstart my business? Any help & suggestion would be greatly appreciated.
thank you,
Alfredo N.
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I am a brand new investor with bad credit & limited financing...how do i go about getting financing to jumpstart my business? Any help & suggestion would be greatly appreciated.
thank you,
Alfredo N.
HML could be used, see link for info on HML
http://www.deangraziosi.com/node/4452
Private money...let all the people you know with money what youre doing. Ask if they would like to invest in/with you.
partner up with someone....another investor, or a private money person....50/50 slit profit
also work on cleaning up credit so you can try and get a heloc
links on credit
http://www.deangraziosi.com/node/4724
http://www.deangraziosi.com/node/3944
good luck, and don't give up!
Don't Wish the Past, Create the Future! - DH
A option that i use on a lot of my properties is buying them subject to the existing loan that way I am using their credit.
www.adeptpropertiesllc.com
Get an aged corp/LLC and build businees credit or get funding..
And you should clean your personal credit..
I have a 20 unit apt that I am going to add 8 mor units to. I need more parking and the owner of the property behind me will lease me a 30x50 for $100 a month on a five year lease. I need to know what kind of form to use since I am going to spend a lot of $S to put the raw land into parking space. Any suggestions
I'm new here and I need a little help.
I just started as investor by instinct, and right now I have 5 apartments rented and my owm house.
Both under separate loans in my credit.
I have a temporary job, but full time.
The thing is that I want to buy another property (Forclosure) to increase my porfolio, but the bank said that because of my temporary job, the loan could be rejected.
What can I do to get approved and show the bank that I can with another loan.
Thanks
Justy
where is your property tom?
whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob
Good advise given above.
I suggest "FIND THE DEALS AND THE MONEY WILL FOLLOW"
watch the daily ahhaas journal and you'll learn how I am generating partners with the cash to finance OUR deals together.
Once you do one, you're off to the races!