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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Roxboro, North Carolina
  • Member since Apr 30, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Roxboro, North Carolina
  • Member since Apr 30, 2017
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Account Closed
  • Roxboro, NC
2
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33
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Creative Real Estate Financing

What is a credit partner

Account Closed
  • Roxboro, NC
Posted

What exactly is a credit partner, what do they do, and what are the benefits to being one?

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Daniel Fischer's profile image
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Daniel Fischer
  • Real Estate Agent
  • from St. Petersburg, FL
  • Member since Oct 13, 2017
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Daniel Fischer's profile image
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Daniel Fischer
  • Real Estate Agent
  • from St. Petersburg, FL
  • Member since Oct 13, 2017
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Daniel Fischer
  • Real Estate Agent
  • St. Petersburg, FL
14
Votes |
34
Posts
Daniel Fischer
  • Real Estate Agent
  • St. Petersburg, FL
Replied

A credit partner is someone that usually has a line of credit with a bank/lender that has been in business for more than 2 years and a credit score around 800+. 

While this partner can be similar to a private money lender, they are usually more involved in the actual business and are compensated more than just a lender. 

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