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Updated about 4 years ago,
Business Credit and Accounts
Hello All,
How do I acquire business credit to purchase buy and hold rental properties? How does the whole process work? This has me curious since this appeared on my YouTube feed and I'm currently delving into this and/or dipping into hard/private money for purchasing properties. Is business credit more advantageous than hard/private money or vice-versa?
Also, can anyone recommend who I should think about opening a business checking and/or savings account with? I was rereading Brandon Turner's book on How to Invest in Rental Properties and stumbled upon this concept.I currently just use a personal account for my funds, but realize it could be beneficial to have a business account to separate my personal and business funds. Look forward to responses!