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
General Real Estate Investing
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 2 years ago on . Most recent reply

User Stats

37
Posts
8
Votes
Jairus King
  • Professional
  • Fredericksburg, VA
8
Votes |
37
Posts

Using Business Credit to Fund Real Estate

Jairus King
  • Professional
  • Fredericksburg, VA
Posted

Good morning Guys-

I am seasoned and was looking for feedback on if I was/am perhaps looking at this wrong. Lately I have seen an influx of business credit for real estate videos popping up on youtube. These videos are claiming 50K-200K unsecured in business credit cards and it doesn't report to your personal credit. I am kinda shocked and calling BS on these videos.

My experience was that in my early on career I amassed a number of business credit cards, secured a property with it and then couldn't refi the property because my score dropped due to maxing out these cards. Yes It got me started, but what a horrible way to enter the game. Anyways I imagine these cards could benefit flips or double closings.. Anything short-term, but buy and holds Yikes. Has anyone perfected a process in perhaps making this work? Am I not seeing something here?

Loading replies...