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Updated almost 4 years ago on . Most recent reply

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Joseph Chang
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Credit score slowing growth

Joseph Chang
Posted

I have a credit score issue. I bought 7 rental houses last year and my debt is nearing 1 million. I’m not worried as my rent margins are double or near double the mortgages. All these hard inquiries and debt have dropped my credit score from a 780 to a 695 in 15 days.  At this point, I need at least a median score of 720 to buy more houses and get cash out refi’s. 

Have you had a similar problem?  How did you navigate the credit svk

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