DSCR Loans for Real Estate Investors [Credit Score Tips]
On this episode of the Investor Financing Podcast, Beau talks about the ways to improve your credit scores and the matrix that we can use for DSCR loans.
[00:10] Beau opens the episode by talking about DSCR loans right away
[00:18] The matrix we usually use for DSCR loans
[00:30] How important is your credit score? How to get the best pricing?
[00:46] Borrowing money on credit cards, term loans.
[01:13] “You get hit just like you are missing payments if you’re tapping into your utilization”
[01:28] The things you need to do to get the best credit score
[02:12] Try to get a qualified funding equity
[02:30] Beau’s personal reasons why he always uses his business credit cards
[02:53] Always watch your credit