It’s been a while since my last post – I’ve been using my blog time researching turnkey rental properties. I’m seriously considering getting a turnkey rental property in the Midwest, keeping myself busy talking to several lenders, turnkey property suppliers for various markets, analyzing properties, listening to Audiobooks.
Therefore, a bit slack on the site.
When I first announced my real estate investing experiment two months ago, my FICO score was not that great looking. As shared in that post, it was between 660-690 , and I said I’d work on it.
To be fair, that score was not terrible – it probably won’t automatically deny me of a loan but it certainly wouldn’t give me the best interest rate. As in any type of investing, getting a good deal is crucial in my real estate experiment. And that would include getting the best interest rate, or moving up my FICO score to more than 740 which enables me to get the best rates.
My current FICO scores
I logged in to my respective credit card accounts and below are my current credit scores.
|Update date||Credit Bureau||FICO score|
Looking great! Now they are in the upper 700s, or even 800s. Experian gave me the lowest FICO score of all the three credit bureaus, but it’s still 783. Not shabby at all. [Read more…]