answersLogoWhite

0

Someone with bad credit can purchase an investment property by finding a co-signer with good credit, saving for a larger down payment, or seeking alternative financing options such as hard money loans or seller financing.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

Can I purchase a plane ticket for someone else using my credit card?

Yes, you can purchase a plane ticket for someone else using your credit card.


Where to purchase a good credit score from someone?

You cannot purchase your personal credit record from someone else. It is your credit history that has been reported by your creditors to the central credit data gathering agencies. It's like asking, "Where can I purchase a good dental record?"


Should you invest in real estate?

That will depend on your financial circumstances, your (or the property's) location and the property market at the time. Instead of renting, certainly if you can afford it and have the credit rating but as an investment, you should discuss with an investment advisor to decide if the market is right for you


Why would it be important to run a tenant credit check?

It would be important to run a tenant credit check because as it is your property it will protect your investment and will ensure that you get your rent paid ontime.


What happens if your credit card is lost or stolen and someone makes a purchase?

If your credit card is lost or stolen and someone makes a purchase, you should report it to your credit card company immediately. You are not typically responsible for unauthorized charges as long as you report the loss or theft promptly.


Is an investment a credit or a debit in accounting?

credit


How can someone purchase a vehicle asap with really bad credit no money down and no cosigner?

== ==


Where can one purchase plane tickets with a credit card?

If someone wishes to purchase plane tickets with a credit card there are a variety of ways someone can do so. One of these ways are; Expedia, Cheapoair, Cheap Tickets, Cheap Flights and Make My Trip.


What are the community property state credit laws on authorized user on credit card?

an authorized user is someone who has been given consent by the owner of the account to use it and morally should pay for what they purchase but will not be financially responsible to do so even tho the creditor can and probably will report the account to both the owner and the authorized users credit profiles with the credit reporting agencies.


How do you find out how much someone makes?

Order a credit report. It's a cheap investment. Single gals do it all the time.


Does a personal guarantee on a commercial loan appear on a credit report and are they liable for personal injury on the property being purchased?

That's two separate issues - credit reporting on a loan, depends on the financial institution - if they report it. Personal injury on a property would be on property insurance, which you have to obtain in order to purchase property.


Can a credit card loan spent to purchase a home be tax deductible?

No. Money, borrowed or not, to purchase a home is not tax deductible...the interest on the mortgage secured to the property may be.