Investor's Credit Limit - Posted by opson

Posted by g darwish on March 13, 2002 at 23:42:25:

This quostion for Garrison
I like your idea of having all your properties in inc. also for personal protction.if you want to refinance a property own by your inc. to cash out then how would you do it.

Investor’s Credit Limit - Posted by opson

Posted by opson on March 13, 2002 at 18:25:35:

Please I want to know if a Real Estate Investor using his credit to purchase homes for investment purpose has a limit to how many houses he can buy in a year.
Thanks

Re: Investor’s Credit Limit - Posted by garrison

Posted by garrison on March 13, 2002 at 18:33:45:

for the properties i purchase i use my personal credit to get the financing lined up but put the properties into my corporations name and sign a personal guarentee for the loan therefore the properties do NOT show up on my credit report when pulled.

i can buy as many as i think i can handle (the key is not to get in over my head and have trouble making payments)

good luck
garrison