Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
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 over 2 years ago on . Most recent reply

User Stats

24
Posts
9
Votes
Laleh Omaraie
  • Investor
  • Fairfax, VA
9
Votes |
24
Posts

Building LLC Credit Score

Laleh Omaraie
  • Investor
  • Fairfax, VA
Posted

I just started an LLC in order to get a DSCR loan for - hopefully - a future STR (the LLC was required in this particular situation). I want to get started on building business credit. I was denied for an unsecured card (my personal credit is great but I think they didn't like that I recently got a HELOC) but have the option of doing a secured card. I own my primary, which I house hack; it's under my personal name. What happens if I want to build business credit but don't close on an STR right away? What sort of costs, if any, can I charge to my business credit card so I can build credit?

Loading replies...