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Updated over 6 years ago on . Most recent reply

User Stats

288
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117
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Mark Hughes
  • Rental Property Investor
  • Aurora, CO
117
Votes |
288
Posts

Considering First REC on small multi

Mark Hughes
  • Rental Property Investor
  • Aurora, CO
Posted
I have 15 units and 5 mortgages in my name and am considering my first REC on a new 4plex. Would seller financing count on my credit report to make it even harder to obtain my next loan/mortgage on. Future investment property or is it more like private money/loan. Anything else to look out for? My plan is to season the property for a year or two and then refinance at that time. Just curious what else I’m missing.

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