What exactly is a credit partner?

I’m not sure if this is the right forum, but I see ads all of the time wanting “credit partners” with a middle score of 710 or better. What are they needed for? They claim to pay x amount per deal with no out of pocket expense.

Anybody?

It is someone who signs there name on the dotted line and get the loan in their name for a project while someone else contributes cash or sweat equity. It is then typically sold to someone else either through owner financing or some other creative way. Another name for credit partner might be straw buyer so you need to be very careful.

Check out this topic for more information on credit partnering.

http://www.reiclub.com/forums/index.php/topic,27639.0.html