If you’re thinking about buying a home in the future, there’s a lot of paperwork to do beforehand. You can do it yourself with the tips in this report. Even if you’re not buying a home, updating your credit report is a must at least every six months.

However, if you plan to invest in real estate, every three months is much better. Not only is it important to be able to borrow money to buy homes, but it’s also important for lenders to see how well you repay your loans on time.

If your prospect is to buy multiple properties, a strong credit report goes hand-in-hand with the funds you’ll need to buy homes. They look at income, credit scores, personal history, debt-to-income ratio, down payment, and employment.

With good credit scores, you can keep renters paying their mortgages. It is within your reach to orchestrate your real estate empire. In your vision, see the construction and growth of one house after another, year after year. First with one house, then with three, then with six and then with twelve. You can do it! It’s as simple as cleaning your credit report.

There is one important thing you should know. There is a difference between your credit score for a car and your score for buying real estate. It is best to keep your credit score as high as possible because of the interest rate. Over a thirty year period, the difference between a six percent loan and a ten percent loan can be a couple hundred thousand dollars! As you can see, just a few points can make all the difference in the world. That’s where the magic happens.

Another thing to keep in mind, your cash flow from your rental homes may only be two hundred to four hundred dollars a month. That’s for home. So the goal is to build as many of those creatures as you can! I call them oil wells. Every house you buy is just another oil-pumping money tree! You want as many houses as possible. It becomes a game.

A fun house building game. I have seen boys and girls in a few years have seventeen houses, then another boy had sixty-four houses. Once he gets a hundred houses, exchange them for a big apartment complex. If that’s not a plan, then I don’t know what is! Keep the vision of the promised land! Buy real estate, clean up your credit report, it’s one more oil well to put cash in your pocket!

One secret you should know is getting an adjustable rate loan. Then work to improve your credit scores to refinance the mortgage before your payments increase. What do you think about that?

You want to stay if you are still employed at the start of this home building system. Just keep in mind that your day job pays the bills, but your house building company is making you a fortune! It doesn’t take long. With a smart stack of houses in as little as five years, it could very well replace the income from your day job. Congratulations on reading “Buy Real Estate, Clean Up Your Credit Report, It’s One More Oil Well Home Construction Plan!”