Creative Real Estate Financing
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 almost 2 years ago,
Fix and Flip with Hard Money and Business Credit
Hi All, I am Jordi and new to investing. My biggest struggle right now is capital and I have an idea of how to get around that limiting belief. My idea is to use hard money to purchase the property and cover the rehab. I then plan to use business credit to cover the down payment for hard money loan. I do plan on working with a solid contractor and making sure all my costs are as accurate as possible. Has anyone taken this approach and purchased a property with a hard money loan and business credit or just using business credit? I would like to hear your thoughts on this method.