Advice on lending and credit rebuilding

[Brandon O.]

Good evening BP family,

I’m reaching out to ask for some advice and guidance.

Real estate has been my passion for the past few years, and while I’ve overcome several hurdles along the way, I’ve hit a bit of a pause and could use some insight particularly around credit and qualifying for hard money lending.

I’m based in the Chicago market and actively looking to start flipping properties. I’ve built a solid team that includes developers and agents, and I have stable income and capital to invest. Unfortunately, I recently took an unexpected hit to my credit score about a 125-point drop which has created some uncertainty around lending eligibility. I’m currently disputing the issue, but I’m unsure how effective or timely the resolution will be.

I’ve tried to partner with a few close contacts who could leverage their credit to help secure lending, but unfortunately, the urgency hasn’t aligned. I’m concerned that, despite having the funds and support system in place, my recent credit hit may prevent lenders from backing my projects.

If anyone has advice on navigating this situation whether it’s creative financing options, recommended lenders who may be more flexible, or even local networking opportunities I’d truly appreciate it. My financial freedom and long-term vision are at stake, and I’m committed to making this work.

Also, if you’re in the Chicago area and open to connecting or meeting up, I’d love to build with others in the local community.

Thank you in advance!

[Brandon O.]

@Ken M. Thank you, Ken! I was under the impression that even hard money lenders focus on score, thanks for the feedback