Real Estate Consultant · Monrovia, CA · Member since 2009 · 73 posts · 20 votes
Just started on the site. My name is Marcus McCray. I am a Realtor who's trying to exit the biz and move into the investing side of things. I also have a background in finance and consumer credit. I'm currently looking for wholesale deals and anybody or company that will fund my deals!! My goal is to start a Rent to Own business which will help people with their credit, debt, and educate them on better finances.
I have a great family including my fiancee' , 3 yr old son (in the profile pic), and stepson. In my spare time I do music and am a sports nut Go UCLA! :mrgreen:
Residential Real Estate Broker · Payson, AZ · Member since 2009 · 3k+ posts · 1k+ votes
16y
Marcus, welcome to BP!
tell us/me more about how you plan to help people with their credit.
Reason is, I'm looking for someone I can trust(it's hard to find someone in the 'credit repair/improvement' business) that is trustworthy.
I some L/O's where I require the tenant/buyer to be actively involved in a credit repair/improvement program to assure their ability to purchase the property from me. This is usually best done with a mortgage broker because that broker will also know what it takes to qualify the tenant/buyer to get a loan to cash me out.
Real Estate Consultant · Monrovia, CA · Member since 2009 · 73 posts · 20 votes
16y
Thanks for the welcome Nick!
I happen to do loans through Amerisave as well as being a real estate agent.
I used to run a credit repair business on the side and was very active as a leasing agent (helping people find rentals).
Basically I have combined them together as a Rent to Own program helping renters repair their, reducing their debt, and finding a private owner willing to do a lease option all the while helping them get qualified for a home loan. If the client goes through me and ends up buying a home with a loan from Amerisave I refund the enrollment fee. If I can't find them a lease option property I find them an affordable short term rental until I find one or they qualify for a mortgage.
With credit repair I help clients remove negative items from their report as well as teach them how to add positive points to their score. I keep in contact on a monthly basis to track progress. I do everything legal no creating new credit profiles etc...
If you want I can email you some samples of my work.
Centennial, CO · Member since 2009 · 758 posts · 251 votes
16y
Welcometo Bigger Pockets. One funding option for your wholesale deals is Transactional Funding, which will provide 100% of your purchase for same-day flips.
To your success,