Updated almost 6 years ago on . Most recent reply
HELOC line of credit
Hello, how can you go about to get a HELOC line of credit if you don't make much/don't have any credit/have no assets? I plan on using HELOC and hard money lending as a way to fund deals being that a regular bank loan won't be possible with a gross property. I plan on buying ugly and destroyed and working from that. Secondly, can you use a realtor for off-the-market deals for guidance? As a first time home buyer, I would like some guidance. Thank you in advance!
Most Popular Reply
Start asking for seller financing. I pay 6% interest only, and get that routinely from sellers of difficult-to-sell properties.