Why does it benefit me if I have good credit



Not everyone has good credit. Using the United States credit system, banks determine whether they can lend to the person or not. This is very important in Real Estate because we rely on lenders like banks to fund majority of purchase price for leverage.

For nearly every deal, someone will need to represent the investment team with good credit to qualify for the loan.

Since such persons with good credit are generally necessary but not often available, those with good credit will obtain greater ownership. Their higher ownership also comes with the price of liability if the loan cannot be paid.

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Why does it benefit me if I have good credit

Not everyone has good credit. Using the United States credit system, banks determine whether they can lend to the person or not. This is ver... Read more