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Updated over 14 years ago on . Most recent reply

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Katrina P.
  • Investor
  • Randallstown, MD
57
Votes |
185
Posts

How do you avoid so many credit inquiries?

Katrina P.
  • Investor
  • Randallstown, MD
Posted

I am in the process of loan shopping. Can anyone tell me if it's possible to avoid so many credit inquiries when loan shopping, or just purchasing period? If I'm buying 5-6 houses per year, that could be very ugly on my credit...

Most Popular Reply

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29
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23
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Nate Worcester
  • SFR Investor
  • Dallas, TX
23
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29
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Nate Worcester
  • SFR Investor
  • Dallas, TX
Replied

Check out this article which touches on that very subject. Essentially, current scoring models treat multiple inquiries in a short time as one inquiry.

However, you could always cultivate private funding sources which don't require a credit check.

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