Starting out where should my credit score need to be?

[Monica Bowers]

I’m currently working on my credit what credit score do I need to have in order to start real estate investment? I want to flip and rehab.

[Will Barnard]

As others eluded to, you don’t need credit to start in this industry, but a good score certainly helps and a good score is 720 or better in the conventional financing world. The greatest thing about real estate investing is that we can get as creative as our minds will allow as there are many, many ways to fund a deal. No credit? Get a money partner, private lender, hard money lender, or seller financing. You can buy sub2 as well.

All that said, credit is a small part of the transaction, your education, experience, knowledge, team, and abilities all will factor in. It is important to have funding lined up as it is important to have your team lined up too before you go under contract with a purchase.