General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Best strategy for using credit card rewards for rehabs?
Hi community!
I'm starting my 4th rehab this year and I'm finally getting around to trying to figure out how to best use credit to do this. So far I've paid cash for my rehabs, totaling about 70k. Was listening to Rondi Lambeth's podcast and it got me to thinking that I should be using credit more as a tool.
My next rehab is going to be about 50k and I'd like to maximize my points. Currently my only rewards card is an AMEX with a 3% cash back deal. I started looking at Lowe's business account, but it's only 5% savings, no travel points that I can see. I do like their bid room concept and also the $20 delivery option though.
Thoughts from the credit card savvy?
Thanks all!