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Updated over 4 years ago, 06/30/2020

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2
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2
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Wesley Acevedo
2
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2
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Effects on FICO Scores

Wesley Acevedo
Posted

How are FICO scores affected when you start taking multiple loans to fund your investments?  I’ve been watching a lot of videos about real estate investment and have found answers to pretty much all questions I’ve had with the exception of this one. I know hard inquiries stay on your record for at least 2 years and with every loan, your age history decreases, but I don’t know the impacts of that on a large scale. Let’s say I buy 1 house every year, how would that affect my credit in the short and long term?

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