Buying fourplex unit

[Lydia Woods]

My plan is to buy a fourplex in 2020. I have rental properties I was fortune enough to pay cash for and also repairs. I have one that will be finish in March and that will it. In 2019 I’m getting somethings in order with financials and credit. My credit is not bad but going to work on getting it close to or 800 as possible. All that to say, I know I will need to take a loan out to purchase the fourplex. And it is usually harder to get an investment loan. Any advice on what I should do to increase credit score? What do the banks look at when deciding to approve? Would it help to put a property up for collateral? What happens if I do? Any other recommendations are welcomed. Thank you