 TITLE: How to Start Investing in Real Estate CONTENT: Does Real Estate Investing Affect Your Credit?\n----------------------------------------------\nIf you're buying into a REIT or crowdfunding platform, your credit history won't come into the picture at all. However, if you're taking out a loan to finance the purchase of a property or land, your credit will be a significant factor in whether you'll be able to get the financing needed to make your investment. In addition, making the investment can impact your credit history and credit score.\nIt can especially hurt your credit if you overextend yourself financially and have a difficult time paying all of your bills. Even one missed payment can have a significant impact on your credit score. If you purchase property and have problems renting it out, you could end up defaulting on the loan and having your property foreclosed on, which will cause years of damage to your credit. As a result, it's important to wait until you have enough cash flow and savings to weather the risks associated with real estate investing.\nIt's also crucial to build a good credit history before you begin investing to make it easier to qualify for lower interest rates on your loans, potentially saving you thousands or even tens of thousands of dollars over the time you own the property. Check your credit regularly to keep track of your progress and to spot potential issues you can address before they wreak havoc on your credit score. END