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Account Closed
  • Investor
  • Surprise, AZ
110
Votes |
156
Posts

How new mortgages effect personal credit score

Account Closed
  • Investor
  • Surprise, AZ
Posted

So I have my former residence in my personal name (which I am renting out) and recently purchased another home (which I currently live in). 

I intend to rent this one out as well. I bought my current home in July and it just hit my personal credit report, (4 months in) no biggie, I took a one point downgrade.

For those that purchase investment homes in their name, rather than the LLC name, how has it impacted your credit score? I plan on buying more properties obviously, but how will that tank my score outside of my LLC?

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