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Updated about 6 years ago on . Most recent reply

User Stats

4
Posts
1
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Joseph Turnquist
  • New to Real Estate
  • Indianapolis, IN
1
Votes |
4
Posts

Newbie investor needing next step help....

Joseph Turnquist
  • New to Real Estate
  • Indianapolis, IN
Posted

So I'm ready (mentally) to make my first multi family investment purchase, but what should I do first? I know I'm going to have to find some non-traditional help getting funded, but I feel my credit score will hurt me. I'm currently sitting between 624-644 FICO score (depending the info source). I am working on getting old negative items removed, which should bring it up drastically. Here is where I need help....

Should I wait for my credit score to come up? Or should I start working on putting together my first investment deal?

Thanks in advance for anyone who comments any suggestions.

Most Popular Reply

User Stats

335
Posts
144
Votes
Christopher Hunter
  • Investor
  • Atlanta, GA
144
Votes |
335
Posts
Christopher Hunter
  • Investor
  • Atlanta, GA
Replied

@Joseph Turnquist  Hello Joseph.  

1. Get educated.  Where are you going to invest?  What is your buying criteria?  Do you have a team?  What can you bring to the table?  Do you have capital or will you be using OPM?  Check out this site of free content.

https://joefairless.com/apartment-syndication-school/

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