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Updated over 1 year ago on . Most recent reply
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Best credit cards for multifamily investors?
What's your favorite credit card/charge card for funding renovations or other purchases on your multifamily properties? Looking more for business cards or lines of credit since spending will be $50K+ per month.
This question is geared more for folks with 5 units to 200 units. I'm not looking for recommendations for personal credit cards with a relatively small credit limit.
Most Popular Reply
@Ryan Mapes Did you make any progress with this? I am in a similar situation. I am looking for a card to use for rehab expenses and materials. I have the cash to use but would prefer to keep it in pocket and utilize a zero interest period and cash back/rewards since ill be spending $40-50K.
Chase Premier Buinss Ink seems to be best card i found so far.
- $1,000 cashback when $10k spent in first 3 months
- Zero interest for 1 year
- 2.5% total cash back on every purchase of $5,000 or more
- 2% unlimited cash back on all other purchases
- $195 annual fee but i plan to cancel after done using it. My cash back will outweigh the annual fee as well.
What do you think?