Credit

[Devon Morgan]

Hello! Is having good credit important in investing or can you get by with ok credit? Also where can I get credit repair?

[Darren Budahn]

Devon Morgan

Having credit is extremely important to investing. You need either cash, credit, or access to a lot of deals--preferably all three. Banks are not going to loan money to someone with terrible credit. You're only hope is having such a good deal that a hard money lender is willing to work with you.

Don't know about about credit repair. I'm sure there are hundreds of companies doing this now. Start by spending less, saving everything you can, and paying down your highest debts first.