Posted by DoubleJ on April 25, 2006 at 07:08:54:
If you are at a 675 middle, you really want to jump about 5 more points to reach the next major milestone. Alot of better rates and terms are available after you reach 680 and up.
But you have a score that is capable of getting 100% stated non owner occupied loans for investment property. And while the rates and terms wont be very pretty for now, they would be a lot better than what you would probably get with hard money or investor cash.
Oh, and wholesaling is good for anyone that is cash poor, and partnerless. But you dont have to limit yourself to wholesaling. You could always look for partners on your home run deals that you find. No use leaving money on the table if you dont have to.