Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Adrian Pagano
  • Realtor
  • Jacksonville, FL
3
Votes |
16
Posts

Sole Proprietorship - Advice

Adrian Pagano
  • Realtor
  • Jacksonville, FL
Posted

So I have been trying to go to a lot of networking events in my area and have met a lot of different people.  One in particular has suggested that I create a Sole Proprietorship and then get corporate credit cards with no interest for 12-18 months.  He has suggested to pull out almost $50,000 in credit card debt to get started.  I am not sure if I trust this or him.  Has anyone else done this?  Would anyone suggest doing this to get started?  I don't have enough money to start purchasing properties for cash or even enough for a down payment at the moment.  Looking for advice.  Thank you! 

  • Adrian Pagano
  • Loading replies...