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62 years, never used credit- ready to build business credit

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Wow, it has been 12-14 years or so since I found this site. I am truly grateful to you all.  I have learned personal credit and business credit from these forums.

 

I never thought I would be in this position but since I am I thought I would ask for you all guidance.  What's amazing is how nervous I am despite knowing some credit cards, cloc to go for, I still find myself extremely nervous about my next steps. I just want to make sure I am getting the best guidance as possible.

 

In the last year , I have been able to save 100k.   I was looking to start a business but really didn't know where to start. Then my father-in law told me he is 62 years and has never used his credit.  When I checked EQ, EX, TS, his scores were 0,0 and L1.  I never knew a person could have a L1 credit score. I tried googling it but nothing came up.

 

He told me he was interested in helping my wife and I buy an apartment buildings 25 unit and up with good cashflow  and amass 300k business credit. He also said he wanted to gain as many personal credit cards as possible to build a business for my children, his grand children.

 

So, I guess my question is where should he start with business credit cards goals (300k-1million)- I asked the personal credit forum about the personal credit steps. 

 

 

Please help. Thanks

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