I may be entering a relationship with someone who has a lot of cash, no credit. I have bad to poor credit. Overtime I may either attempt to repair my credit, or declare bankruptcy.The other person may attempt to establish credit. How much of a difficult time will we have? It would not be a problem for us to lease and pay for one year up front. I am hoping that would allow us to at least rent. So, my question is about getting utilities. Can I get them for cash up front for a specified term, while we straighten out our credit or lack of credit?
the same goes for maybe buying a foreclosed property. any reasonable responses out there? In effect, then, does this relationship allow us to rent or buy a foreclosed property? To re-state, cash, we would have plenty of it, in the x*x,x*x range. Maybe the problem would be just finding a realtor that could work with us, and along with that, a landlord and/or bank? Getting utilities worries me.
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