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Updated almost 18 years ago on . Most recent reply

bad credit
what is the best way to increase it as quick as possible? credit cards?
Most Popular Reply

Credit is a measure of financial trustworthiness. It is possible to buy a property with bad credit (although it is more difficult and often more expensive). However, if you plan to run a successful real estate investing business, having good credit is essential (as you probably already know).
I would suggest fixing your bad credit by actually paying your creditors and then staying current on all your bills. There are 168 hours in a week, which is more than enough time to work two full time jobs and still have over half the week left. Work hard and pay your bills - your credit will improve and you'll have a much better chance of being successful in real estate investing.
Good Luck,
Mike