Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christian Estrella

Christian Estrella has started 7 posts and replied 43 times.

Post: So what's holding you back?

Christian EstrellaPosted
  • New to Real Estate
  • NYC
  • Posts 44
  • Votes 18
Originally posted by @Frank Patalano:
Originally posted by @Christian Estrella:

While i am educating myself, my credit got hurt recently due to an old collections charge that just popped up on my report. What way can i go investing if i have the money but not the credit to even make a purchase? Any suggestions/ideas help. Thank you in advance.

 How old is the collection? Besides that if you have the cash you just need to find a partner with credit. If you don't want to fully partner with someone you just need to find a cosigner. I think having a partner is a better option.

The collections is from 5 years ago, however, its been transferred from collection agency to collection agency and the last one reported it to all the credit bureaus last month. So its an old collection but its brand new on my credit report. I have an appointment with a credit repair company for tomorrow, so ill see what they say. Thank you for the quick response Frank. How does a partnership work, in this instance I would provide capital and my partner the credit. Should profits be split 50/50 as we would both have separate roles towards the same goal? What about the losses in a deal? I would take the loss in capitol.

Post: So what's holding you back?

Christian EstrellaPosted
  • New to Real Estate
  • NYC
  • Posts 44
  • Votes 18

While i am educating myself, my credit got hurt recently due to an old collections charge that just popped up on my report. What way can i go investing if i have the money but not the credit to even make a purchase? Any suggestions/ideas help. Thank you in advance.

Post: 22 Year Old - Third Deal: $51K Profit Flip

Christian EstrellaPosted
  • New to Real Estate
  • NYC
  • Posts 44
  • Votes 18

Awesome Job, very motivating! How did you meet your wholesaler?