How real estate investors can quickly raise their credit score.
3 Simple Ways to Boost Your Credit Score Fast
Leveraging your real estate investments just got easier with these 3 quick ways to raise your credit score.
Maybe you’ve already noticed it.
Larger lenders are getting into the fix-and-flip hard money space. And many of these companies require credit scores as their underwriting criteria.
In this landscape, your credit score decides the speed and effectiveness of your journey to fix-and-flip financial freedom. Your credit score will determine your rates, leverage, and overall income from your real investments. Good or bad, your score impacts every step of your financial process.
So how can you raise your score in a short amount of time?
Three quick ways bump up your score are to:
- Add more credit to your line.
- Get authorized on someone else’s good credit account.
- Go private – get money from somewhere else to pay off your debts long enough to apply for more credit.
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For more tips on building good credit and maximizing real estate investment leverage, check out these helpful videos on our YouTube Channel. Or you can download our Credit Score Checklist by following this link.
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