Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Getting an auto loan to help repair my credit so I can invest
This might be a dumb idea, so forgive me. My credit is terrible but I make good money and I'm looking for a way to build credit fast. I was thinking of taking out an auto loan instead of paying for my car in cash for the purpose of paying off my loan within 6 months and thereby (hopefully) help repair my credit score so that I can be in a better position to take out a loan and invest in RE. What do you guys think? Thanks, and again, sorry if this is a dumb question :)