Updated over 5 years ago on . Most recent reply
Debt to credit ratio
Will putting properties in a llc, release some of my credit? I have one rental in the rehab stage, and my primary house that I'm wanting to make a rental in a few months. But with those and my vehicles and etc. I only have a couple hundred dollars a month left to use for credit. The bank is telling me that it will take two years to use those rentals as income. So I was wondering if there is away around that. I've seen several people buying multiple properties in one year. Thanks