If you are married, establish separate credit accounts.

Try to finance real estate in just one partners 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 partners name only count against that individuals credit.

In other words, when applying for an individual loan, the spouses accounts wont 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 2004, Jeanette J. Fisher. All rights reserved.