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Updated about 4 years ago,

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Mack Drake
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1
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Business Credit Card: Should I Open One?

Mack Drake
Posted

Hi everybody,

I am looking to get started in real estate investing and am wondering when (or if) I should set up a business credit card that I can use for all of my various rehab or miscellaneous purchases related to a property? Should I set up an LLC first and then open a business credit card? Are there any companies in particular you recommend opening a business card with? For those with investing experience, how have you approached this?

I have not bought a property yet, but hope to do so at some point in 2021. I am trying to prepare and be ready when the time comes. 

Any info you can provide on this would be greatly appreciated!

Thanks!

Mack