Credit Tip for Married
Couples
If you are
married, establish separate credit accounts. Try to finance real
estate in just one partner’s name to increase your investment
financing potential. Avoid joint credit, which limits financing
possibilities for both individuals rather than one at a time.
Accounts in one
partner’s name only count against that individual’s credit. In other
words, when applying for an individual loan, the spouse’s accounts
won’t be listed as monthly expenses and this makes it easier to
qualify for a loan.
When beginning
your real estate investment business, keep in mind that double
income helps qualify you for higher mortgage
payments.
(c) Copyright 2005
Jeanette J. Fisher. All rights reserved.
Jeanette is the author of
Doghouse to Dollhouse for Dollars: Using Design Psychology
to Increase Real Estate Profits, Joy to the Home, and other
books.
"Jeanette
Fisher is a genius when it comes to residential design that creates
joy. Now, she turns her expertise to design that makes you money.
You must read her books if you want to make a fortune in real
estate!" - Char Jones,
Cincinnati, Ohio.
Discover how you can find, finance, fix,
and sell distressed properties for higher profits using
Interior Design Psychology. The ONLY how-to book
to reveal interior design secrets to making top dollar in real
estate. Use Design Psychology to sell FAST, save time, and money.
For more
information: http://www.doghousetodollhousefordollars.com
"I have read
dozens of real estate books and continually searched for one
that was simply realistic in its theories. From the real
world techniques of credit repair to the applied science of Design
Psychology, Jeanette's book is full of rich insights!" -David Tate, Police
Officer, Nevada
Investor Information Design Psychology
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