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Updated over 2 years ago,

User Stats

107
Posts
25
Votes
James Clark
  • Investor
  • Sioux Falls, SD
25
Votes |
107
Posts

I have cash wife has the credit. Need Help

James Clark
  • Investor
  • Sioux Falls, SD
Posted

Question. I'm looking to buy a investment property, can i use my wife's credit and if so should we have a LLC?

Right now I flip houses with a financial partner. I do the work and he finances it and we split profit. On a buy and hold deal it would really does not work for the long run. He is welling to do a lease deal for 24 months, but i kind a want to buy him out on some of the houses right away to hold. Wife has great credit but she is just stay home mom and I make all the Money but my credit is in the low 6. How should I structure a deal with my wife's credit?

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