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Updated about 8 years ago on . Most recent reply

Mike Parkins's profile image
Mike Parkins's profile image
Mike Parkins
  • from Lake Nebagamon, Wisconsin
  • Member since Dec 27, 2016
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Mike Parkins's profile image
Mike Parkins's profile image
Mike Parkins
  • from Lake Nebagamon, Wisconsin
  • Member since Dec 27, 2016
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Mike Parkins
  • Lake Nebagamon, WI
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Tax, SDIRAs & Cost Segregation

Investing With Student Debt: Should I Use an LLC?

Mike Parkins
  • Lake Nebagamon, WI
Posted

If I have student debt and poor credit, should I focuse on repairinng my credit before investing in rental properties or can I use an LLC to build a separate line of credit? Or any advice on getting started with debt. Thank you for your time.

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Rob Gillespie's profile image
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Rob Gillespie
  • Specialist
  • from Cleveland, OH
  • Member since Mar 11, 2011
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Rob Gillespie's profile image
Rob Gillespie's profile image
Rob Gillespie
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  • from Cleveland, OH
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Rob Gillespie
  • Specialist
  • Cleveland, OH
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Rob Gillespie
  • Specialist
  • Cleveland, OH
Replied

Mike,

I would not worry about  credit. 

Just work on understanding the business. You can do subject to, wholesale, bird dog, etc...

Just work on finding deals, the rest is easy!

good luck!!

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