All Forum Posts by: Cody Jensen
Cody Jensen has started 62 posts and replied 83 times.
Post: First Investment Property
- Colonia, NJ
- Posts 83
- Votes 17
Originally posted by @Benjamin Blackburn:
Hey @Cody Jensen
I would definitely consider going to the local REIA and asking that same question there. You will find seasoned investors who have and still do work with real estate companies/agents that are investor friendly. Good Luck!
I never thought of that . I will surely give it a shot ! Thank you @Benjamin Blackburn !
Post: First Investment Property
- Colonia, NJ
- Posts 83
- Votes 17
Hello BP,
I'm looking to purchase my first investment property in central New Jersey. Is there any real estate companies/agents you would recommend dealing with regarding multi-family (4-Plex) properties? or would you rather seller financing? Has driving for dollars worked for you ?
Also, any advice regarding areas to look out for ?
Thank you in advance!
Post: Looking to invest in multi-family property; looking for mortage
- Colonia, NJ
- Posts 83
- Votes 17
Hello everyone, Hope everyone is doing well ! I hope you all can assist me and give me advice on what you would do in my situation.
I've been trying to find out how much I qualify for regarding a mortgage. I've been looking into multi-family properties as investment properties. I was on a roll finding out my debt to income percentage and such but i have ran into an issue with my bank (credit reporting) and such. I'm not sure is anyone has had this issue before, just throwing it out there.
I have one card which is a MasterCard through my bank. Now I've been holding this card for about 4-5 years now and have a credit score of 768 from Equifax ONLY. The mortgage companies are now saying that they need reporting from 2-3 credit bureaus in order is discuss any numbers.
My bank only reports to Equifax as i just found out. I would like to know what type of credit cards(Visa/MasterCard) and banks i should be looking at for opening a new card that would help report to all 3 as well as assist me in maintaining good credit. I have heard Citi bank cards are a no no, what is you opinions ? A big thank you in advance !