Posts Tagged Investors
7 Secrets to Obtaining Business Credit | REIWired.com
www.reiwired.com | If you want the answer to the question How will I get six figures in business lines of credit for any company in any market? you better watch this video. Author and Business Credit Workshop founder Joe Lawrence will teach you how. A New Jersey native, Joe Lawrence discovered techniques that allow investors to get access to financing without using their personal credit line and how to appear debt-free to lenders. You will get the 7 Secrets to building and perfecting your own business credit and learn how to get $100000 in credit from business credit cards alone. With these methods, you can boost your business credit score from zero to a perfect 80 in just 30 to 90 days. Joe Lawrence will wrap up the session with a little bonus how to clean your personal credit report.
Lucille
7 Secrets to Perfecting Your Own Business Credit
Joe Lawrence discovered techniques that allow investors to get access to financing without using their personal credit line and how to appear debt-free to lenders. Boost your business credit score from zero to a perfect 80 in just 30 to 90 days. Joe Lawrence will wrap up the session with a little bonus: how to clean your personal credit report.
Kelly
Secrets To Getting Business Credit – Joe Lawrence
If you want the answer to the question How will I get six figures in business lines of credit for any company in any market? you better watch this video. CLICK_HERE:reiwired.com Author and Business Credit Workshop founder Joe Lawrence will teach you how. A New Jersey native, Joe Lawrence discovered techniques that allow investors to get access to financing without using their personal credit line and how to appear debt-free to lenders. CLICK_HERE:reiwired.com You will get the 7 Secrets to building and perfecting your own business credit and learn how to get $100000 in credit from business credit cards alone. With these methods, you can boost your business credit score from zero to a perfect 80 in just 30 to 90 days. Joe Lawrence will wrap up the session with a little bonus how to clean your personal credit report.
Kevin
How do investors handle real estate ownership with multiple mortgages?
Posted by admin in Renting & Real Estate on January 3, 2010
I own a couple of fourplexes in Los Angeles. I want to purchase more (another this year while prices are slashed, maybe one more next year), but I know it affects my credit to have a lot of mortgages under my name. But I’m sure the banks who hold the mortgages won’t be ok with me just transferring them out of my name (and off of my credit report), especially now. How do small RE investors handle this problem? How do they get the mortgage liability off of their personal credit?
DANIEL
Why A Lender May Not Accept Your Recent Credit Report
Posted by admin in Non Fiction on November 25, 2008
Everyone knows that when you shop for a car, house, or anything else you plan on purchasing using credit, the terms and rates will be dependent on your credit rating. Therefore, many consumers will pull a personal credit report to use when shopping around to see what type of deal a merchant, creditor or lender may be able to give them.
Many consumers like to use a personal credit report when shopping for two reasons. One reason is that consumers know that inquiries into their credit history can lower their credit score. So it is very beneficial to keep credit inquiries to a minimum. Also the consumer may have to pay a credit report fee to the lender or creditor when they pull a credit report.
But consumers often wonder why a creditor will not accept a recent credit report especially when it was recently obtained. Consumers will find out that a creditor or lender may use the recent consumer report at first just to give an estimate of what terms and rates may be available but before an actual sale or transaction can occur the creditor or lender will need to pull another report. There are several reasons why another report will be needed.
A creditor or lender must always take action to protect itself and its investors by performing the proper due diligence on each deal and this includes pulling all consumers credit reports directly. With technology today it would be very easy for someone to fabricate a consumer credit report. This could even be as easy as electronically cutting and pasting a name on the credit report of another person. A creditor or lender must take precaution and pull a credit report directly to protect everyone. This adds an extra layer of protection for everyone. Identity theft is on the rise and the FBI has declared it a national epidemic.
Another reason is because the report that a lender or creditor may receive is very different from the consumer report. A basic consumer report is what an individual gets when they order their own credit history. This report can be obtained from a local credit bureau or from one of the big three: Experian, Equifax, or Transunion. The costs for these typically range from $8 to $15. Typical consumer reports contain basic personal information, some employment history, different credit accounts, some credit history and may include a credit score.
A merchant on the other hand will pull a full merchant report that will contain more information than a basic consumer report and will provide it with more detailed breakdowns. The merchant report will also show a complete FICO scoring system rating for the applicant which will include a full detailed credit history breakdown. In essence the lender or creditor has a full merchant scored report which is much more accurate than a regular consumer report. So a personal consumer report may be used to shop around to learn what may be available. But if you are serious about a purchase and want to see exactly what terms and rates you can get be prepared to have a full merchant report pulled. The good news is that you may be able to get a better deal than you thought was possible based on your consumer report.
Website content