Buying RE Using My Credit For 1 Yr, Hurt Or Help My Credit Score?
I am looking at buying two properties totalling $180K in all. I am contemplating on using my credit because me and my wife will be building or buying a home next summer. My concern is mixing my business interest with my personal interest. Will my score increase within the next year substantial or will it decrease because of the two properties? I am also thinking about setting up an LLC and doing the two homes through the business in an effort to build up credit. I will not be holding the properties no longer than 12-14 months. Please advise.
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