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Updated over 9 years ago on . Most recent reply

User Stats

39
Posts
3
Votes
Christian Garcia
  • Dallas, TX
3
Votes |
39
Posts

Credit

Christian Garcia
  • Dallas, TX
Posted

If i start building credit now, will the bank loan me a much higher amount than what i ask for ? 

Most Popular Reply

User Stats

39
Posts
3
Votes
Christian Garcia
  • Dallas, TX
3
Votes |
39
Posts
Christian Garcia
  • Dallas, TX
Replied
Originally posted by @James Stevens:

That depends on the loan you get.  If you are going to live in the property and make in an "owner occupied" property that can reduce the amount of down payment required.

 Never thought about it like that . Thanks for that tip 

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