All Forum Posts by: Les Williams

That's actually a great tactic to instantly improve your credit. You don't even have to borrow money- you can simply have someone with great credit make you a "responsible party" (responsible party is key- not simply a "card user") on one of their accounts. You instantly get that account reported on your credit-- INCLUDING the length of credit history. So, if your mom or dad (for example) have a great, LONG credit history- you can get credit, pardon the pun, for it. It's also a great way for those of you who have good credit to gift good credit to your children.

Hey Paul,
I had posted about piggybackin on credit earlier. some people are charging a fee for others to become a auth signer or user on their credit card accounts. Have you heard of this and would it be legal or something that would help someones credit scores?

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It looks like you are doing well with your present income. you need to
stock pile$$$$. Dont second guess your self. You bought the quad
and your still doing well. You have excellent credit so your next quad will be a investment loan. Find one that has tenants and doesnt need a lot of work. it doesnt have to be a quad. It can be a Duplex or Triplex. with your loan Get the highest LTV your credit will allow. Although the lower the LTV the better the rate and payments. You have money. there are some people out there who would love to be in your shoes. Just make sure you are always in charge no matter what you decide. Sititng on $200k is not a bad thing.

Les. 8)

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Glade to have your experience aboard the wagon.
:welcome:

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Your in the right place!
Ahh the west coast!

Welcome Jon.

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Welcome Jessica,
I'm in Georgia, But if I can be of any help just Whistle or e-mail.

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All Forum Posts by: Les Williams

Les Williams has started 13 posts and replied 198 times.

Post: New Investor from Washington, DC

Post: Maryland Rookie Investor

Post: Realtor - New to the forum

Post: New Member Welcome Wagon

Post: Newbie to the website and newbie to real estate. HI! :)

Post: Credit Repair

Post: $200,000... Invest in RE or school?

Post: New to the Forum - Experienced in Real Estate and Websites

Post: New Denver Investor

Post: Connecticut Realtor New to Bigger Pockets