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Updated over 6 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Jon Spencer
  • Rental Property Investor
  • Atlanta
1
Votes |
13
Posts

Starting over again. Building portfolio

Jon Spencer
  • Rental Property Investor
  • Atlanta
Posted

Ok...

So if someone was starting over building up their portfolio and had the means to get their first property (hard money), what would be a good exit strategy to pull the money back out to do it again if:

1. Personal credit was bad

2. Business LLC was just started with no bus. credit

Mind you this is for a buy and hold so since it's not a flip they wouldn't get the cash back after the sale.

Would they be able to get a mortgage with no bus. credit and bad personal credit?

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