One Quick Trick To Help Boost Your Credit Scores To Buy A Foreclosure Listing (Tools)

Season #4 Episode #3

Welcome back! At Foreclosure Deals Coach, our mission is to highlight the mindset, methodology, and tools needed to invest in foreclosures. We tend to focus on content involving the actual work of foreclosure investing - generating capital, working with lenders, putting together renovation strategies, etc. - but today we'd like to take a look at a point at the beginning of the process where new investors might have some misconceptions. Contrary to what you might think, just because foreclosures are distressed properties doesn't mean you as a home buyer or investor can be less creditworthy or financially qualified when looking to purchase them. This reality can put a damper on buyers' foreclosure investing plans before they get started, but we are excited to introduce our listeners to an incredible service that can help them raise their credit score by as much as 40 points by doing something they potentially do every month!

RentReporters can record on-time rent payments to your credit report across the 3 major credit bureaus; helping you boost your credit score and derive a benefit from your commitment to being a good renter! Listen for more details on RentReporters and stay tuned for how you can get signed up!

Here's a link to the article Donny mentioned in today's episode:
New Report Explores Problem Of 'Credit Invisibility" Among HUD-Assisted Households