Do credit really matter guys

[Zachary Vanison]

Good evening bp community hope all is well. Question do  credit matters more the  deal on dscr loan and what credit score is recommended. Thanks bp community for your help. 

[Stephanie P.]

Quote from @Zachary Vanison:

Good evening bp community hope all is well. Question do  credit matters more the  deal on dscr loan and what credit score is recommended. Thanks bp community for your help. 

In the DSCR world, credit is one of the few things that matter. Guarantor's credit determines A. Whether they're in the game, B. Whether the deal makes sense because credit determines rate and C. Whether anyone will lend them money.

In my opinion (and I've done loans down to 600 before) if you don't have a 700 credit score, you have no business investing in real estate.  If you don't have a 700 credit score,  you should fix your credit issues before you potentially compound any problems you had.  The money is more expensive below 700.  The loan to values are generally worse below 700 and because of the last two, the cash flow is going to be worse.