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Updated almost 17 years ago on . Most recent reply

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Darunee F
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Credit Investing Pros and Cons Advice Needed

Darunee F
Posted

Can anyone explain the downside of becoming a credit investor and partnering with someone who provides the cash and assets? The plan is the non-credit partner somehow sells or pays off in 6-8 months.

I am wondering how it affects the FICO score and why someone would want to use another person's credit rather than buy properties as an LLC or on their own personal credit?

Thanks!

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