Special Credit Information for Married Couples
If you are married, establish separate credit accounts.
Try to finance real estate in just one partner's 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 partner's name only count against that individual's credit.
In other words, when applying for an individual loan, the spouse's accounts won't 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.