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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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19
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3
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Tarek Emam
  • Rental Property Investor
  • Bayonne, NJ
3
Votes |
19
Posts

Ready to buy, but bad credit

Tarek Emam
  • Rental Property Investor
  • Bayonne, NJ
Posted Jul 6 2021, 11:39

Hello All,

Heres my situation, I am 25 years old living in Bayonne, New Jersey and I want to get started in real estate ASAP!!!. I have funds available but I have an issue with my credit score. Its pretty low but iv been working on it for the past 5 months and on top of that I have been working with a credit expert to help me get my score back up. Like i mentioned, I have funds available ready to purchase an investment property (preferably a fixer) but I know I wont get approval from a bank when its time to refinance the property after I get it all fixed up. I am planning to only implement the BRRRR strategy on all my investment purchases.

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