Hello,
I hope everyone is well. I am interested in having my credit used as a credit investor and like to know anyone’s opinion, comments or suggestions.
Also, how is it possible to get a $0 down, 100% financed with just my credit. My credit is over 700 and find deals with nice equity that I’d love to get into. My problem is, I have debt, have a decent job but not a great salary and no assets, etc. Yet, I know with some of this places I will come out on top to clear all that up. If there is enough equity in the deal to cover a year’s payments plus enough to rehab, pay realtor if necessary, and take some for myself and still make a profit after selling it in a year. Is it possible for the lender to qualify the equity as enough to give you the loan… I doubt it but just wondering how people get these loans.
If anyone has any advice, please let me know.
Thank you,
givey38