Silent partner for credit purposes?
An associate says he added a partner into his LLC because she had a nearly perfect credit score, and became guaranteer on business loans and commercial real estate, effectively making it super easy for him to achieve things he normally couldn't before, due to his own credit being average.
I'm the guaranteer on my business accounts, and intend to finance some commercial RE this spring. Would it be an advantage to find a partner with a perfect credit score? Or is this a rookie/sketchy move?