credit VS no credit how important is it for a first buy

2 Replies

The various ways of financing a deal is a common conversation. Short answer is NO, it is not an absolute must BUT be prepared for things like rejections from mortgage lenders or extremely high interest rates, especially it is a private source. My recommendation is to work on increasing your credit score then shop for mortgages but if you are looking for more unconventional finance methods you may find this forum here on BP helpful...

https://www.biggerpockets.com/forums/50-creative-real-estate-financing

Hope this helps!

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