2 of the properties are rentals. Should I sell them or keep them. Im confused I pay them all on time.
2006-06-11 12:21:08 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
Keep them, just as long as you are paying them on time, you are okay.
2006-06-11 12:26:08 · answer #1 · answered by ron d 3 · 0⤊ 1⤋
I had several mortgages on rentals for quite a while. Never had a problem getting loans or new mortgages and my FICO score has been over 750 for over a decade. So, as long as everything is being paid on time I'd say that it helps.
2006-06-17 11:34:33 · answer #2 · answered by ccccccccdddddgggggrrrrwwwsszcvbn 1 · 0⤊ 0⤋
I had several mortgages on rentals for quite a while. Never had a problem getting loans or new mortgages and my FICO score has been over 750 for over a decade. So, as long as everything is being paid on time I'd say that it helps.
2006-06-12 01:05:01 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
As long as you make payments on time and not miss any there should be no problem keeping all three. The fact that two are rental properties can help since they also provide income.
2006-06-17 13:14:22 · answer #4 · answered by tomdcardplayer 1 · 0⤊ 0⤋
as long as you pay it off on time - it can keep your credit rating high. If you think you are not going to be able to pay it off on time then sell some of them.
2006-06-11 22:07:27 · answer #5 · answered by bronwynstanton 3 · 0⤊ 0⤋
JUst make sure you pay them on time.But if you sell them it wont hurt you
2006-06-11 19:44:12 · answer #6 · answered by baseballjedi 3 · 0⤊ 0⤋