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.
Lisa Bergstrom
Credit score for Florida
I have a small 1 bedroom condo under 500 sq ft in Dania, Florida. My condo is listed with a realtor and I told him not to accept anyone with a credit score less than 700. Is this too high for Florida? I live in NJ a...
Benjamin J Haithcoat
*****Raising credit score questions******
Hey everyone,
Seeing as having good credit is a must in this business, can anyone give me any advice on how to raise my credit score. I need to raise it about 50 points in order to qualify for a loan. My credit drop...
Joshua Russell
BRRRR and credit scores?
Just a quick question, obviously a part of the BRRRR is "refinance," so if an investor uses this strategy often does the constant refinancing hurt your credit score? I mean sure paying the refi loan off on the sale wo...
Donald Torrence
680 Credit Score lenders
Hey BP,A quick question, Have any of you ever heard of someone using one of this lender that says if you have a 680 credit score they can get you a business line of credit up to $250K. Now I'm not talking about these ...