Opinions Needed!
I am "new" to real estate investing, but I have good expectations. my question is- If you have less than perfect credit but trying to invest in rentals, should I
A) start off small with a single or duplex, which always seems to go an credit alone or upfront costs coming out of my pocket.
B) Go "All out", and look for a million dollar plus complex, since financing is primarily based upon the income of the property as someone previously informed me.
Should I try to find an investor willing to pay the upfront costs and accept part ownership as a kicker, or just repay w with interest. All advise would be appreciated.
Thank you
Jeff
Those are not the only choices you have. There are plenty of ways to purchase property using none of your own credit and money. Having credit and money helps but it is not required.
Do some more reading on this site and maybe consider purchasing a no money down course.