Buying 1st Investment Property Next Q3-4, Will Taking out business credit card affect

[Adoney Reid]

Hello BP Community, 

I am looking to purchase my 1st investment House-hack multifamily property this year in Q3-4. I justed wanted to know if it makes sense to take out a business credit card for my business ? Appreciate your responses in advance. 

[Eric Veronica]

Yes that is probably a smart move.  Most business credit cards do not report on your personal credit report so often times any debt associated with the business credit card will not impact your debt to income ratio. 

Make sure to ask the bank if they will report the business card to your personal credit report.  Some banks  o and some banks dont.