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Updated almost 6 years ago on . Most recent reply

Rigo V.'s profile image
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Rigo V.
  • Investor
  • from Morris Plains, NJ
  • Member since Jan 20, 2017
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Rigo V.'s profile image
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Rigo V.
  • Investor
  • from Morris Plains, NJ
  • Member since Jan 20, 2017
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Rigo V.
  • Investor
  • Morris Plains, NJ
47
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294
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General Real Estate Investing

Mortgages and credit score

Rigo V.
  • Investor
  • Morris Plains, NJ
Posted

Is your credit score affected significantly- If you have multiple properties, you own them in an LLC and are the required to provide a personal guaranty?

Just hoping to BRRR as many small multi (2-4 units) properties as possible and this came to mind.

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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
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Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Having a bunch of mtgs that you are paying on time, doesn’t hurt your credit score.

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