i am 19 and have never had a credit card or anything like that...i hesitate to get credit cards to build credit. i am wanting to buy a foreclosed house and rent it out. but since i have no credit history i thought that might be kinda hard. i have a fairly secure job and make pretty good...17hr and i have no bills.
what would be the smartest route to go if i did this? if its going to take 3-4 years to get my credit up enough to wear i could even consider getting a loan i might as well just save the cash instead...right?or should i just invest in mutual funds and forget about it for a while till i get my credit up?
what would be the smartest route to go if i did this? if its going to take 3-4 years to get my credit up enough to wear i could even consider getting a loan i might as well just save the cash instead...right?or should i just invest in mutual funds and forget about it for a while till i get my credit up?