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Updated almost 2 years ago,

User Stats

37
Posts
15
Votes
Jordi Valado
15
Votes |
37
Posts

Fix and Flip with Hard Money and Business Credit

Jordi Valado
Posted

 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. 

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