Credit and Investment Real Estate
Credit is the cornerstone to financing your real estate investments. If you have excellent credit, you’re guaranteed the best available interest rates, lowering your monthly payments and maintaining a steady cash flow.
Knowing how credit scores are established, corrected, and affected is critical to financing your investment properties, especially since owning properties will affect your credit score. Making the wrong choices or the wrong assumptions about your scores can affect not only the interest rate you get on a property but, more importantly, whether or not you even get approved for financing.
It used to be that granting credit to an individual was an arduous process. Someone would want to borrow ...