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Updated over 5 years ago on . Most recent reply

User Stats

62
Posts
23
Votes
Todd Fullerlove
  • Investor
  • Oklahoma
23
Votes |
62
Posts

Low Credit Score so I'm brining in a partner

Todd Fullerlove
  • Investor
  • Oklahoma
Posted

Hello Friends of BiggerPockets,

I have a deal that I was going to use a small community bank to fund the purchase price and rehab. I made a late payment on my student loans and it dropped my credit score below their requirement. Have anyone had experience bringing in a partner in a situation like this? I want to bring a partner in just to use their score. Would we need an LLC? Are there articles/blogs about this?

Thanks BP

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