Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply
Tips on how to preserve credit rate when buying multiple properties
Hi everyone,
I am up to property #5 and my credit score keeps getting beat up. Any thoughts on how to preserve credit score while buying multiple properties, or is this just a necessary evil that you have to accept?
I was at 760+ and now I'm at 720.. hope it doesn't drop even lower.
Best,
Justin
Most Popular Reply
Quote from @Justin Li:
Hi everyone,
I am up to property #5 and my credit score keeps getting beat up. Any thoughts on how to preserve credit score while buying multiple properties, or is this just a necessary evil that you have to accept?
I was at 760+ and now I'm at 720.. hope it doesn't drop even lower.
Best,
Justin
Zero to worry about assume you make your payments on time of course. It will be temporary. Certainly not worth paying a premium for a loan you do not have to by doing a DSCR loan when you do not need one.
- Jay Hurst
