Zack Leverette
Low credit score applicants
We have our second rental property ready to go and just had a couple complete a credit and background check. Background on both are clean but both have low credit in the 530’s. From the report it appears they have got...
Hae Sun Yi
Acceptable Tenants Credit Score
Hi, I am receiving tenants applications for my rental property. One couple applied recently, and he is a truck driver with 680 credit score and his wife doesn't have credit since she is in a visa status with no SSN. I...
Nicholas Heinrich
Personal credit score help
I just got my annual free credit score. Credit karma said it jumped up 80 pts. Can someone help me out and answer some questions in PM?
Rigo V.
Mortgages and credit score
Is your credit score affected significantly- If you have multiple properties, you own them in an LLC and are the required to provide a personal guaranty? Just hoping to BRRR as many small multi (2-4 units) properties ...
Brad Sanders
Credit utilization score impact
HI BPersI want to know how much my credit score will be effected by adding a new card My previous credit utilization was 68% My Fico 8 was 701-706TU /Exp was 655-656The new CC available limit should lower my utilizati...
Oliver Binns
Impact on Credit Score
Hi Everyone,I am new to the site and real estate investing. What is the usual impact on your credit score after obtaining a mortgage and how long does it usually take to rebound? For those of you that are acquiring mu...
Kunal Domakonda
Refinancing and credit score
I'm planning to start my rental property investing with single family homes in about 2-3 months. I currently live in a house that I am thinking about refinancing from a 15-yr to 30-yr term, reducing my home mortgage p...
Antonio Russo
Credit score while investing
How bad would my credit score hurt if I took out 100k against my home? My credit score is 735 and my home value is 609k paid in full. I also would like to know what you would do in my situation? Would you take out a m...
Michinori Kaneko
credit score nose dive
Hi All,I'm a fairly new investor. I started looking at real estate investing around May last year did lots of research, and closed on my first property in mid September. I closed on my second in December, and third ...
Jon S.
Credit score after REI?
Just curious as to what happens to one's credit score after obtaining financing for REI? What can one expect after the first loan? And second, and third, etc? Let's assume all payments are made on time.