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Updated about 4 years ago on . Most recent reply

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Jerome Smith
  • Washington, DC
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Building credit to get into real estate

Jerome Smith
  • Washington, DC
Posted

looking for the most effective way to build my credit to get a good interest rate on a fha loan. My credit is shot right now but i am in the process of rebuilding. Any and all advice is greatly appreciated. I would love to hear success stories from previous investors who started from the bottom and grinded their way up. Thank you 

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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

@Jerome Smith

I was in a similar boat about 3 years ago and spent a few months educating myself on credit laws and how to correct mistakes and negative marks. The best thing I can suggest is going to a dedicated credit forum to do so. I went to MyFico credit rebuilding forums and received a ton of help. Give it a shot. http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/bd-p/rebuildingcredit

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