Updated about 7 years ago on . Most recent reply
First property multifamily or flip?
Hello fellow members, I am trying to start building my multifamily rental portfolio but I have a low credit score of 610 is my middle credit score. So I was told to start off by flipping a property first since the hard money lenders are not as hard on credit score but look more towards the property.Do you guys think for someone like me that this would be my first property, should I start with a flip or should I focus on improving my credit score and wait and buy a multifamily using the 203k loan. I also have a rich aunt and she might be able to lend me money I just want some suggestions on where do you guys think I should start.