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Updated 5 months ago,

Liam Ritter's profile image
Liam Ritter's profile image
Liam Ritter
  • Member since Jul 26, 2024
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Liam Ritter's profile image
Liam Ritter's profile image
Liam Ritter
  • Member since Jul 26, 2024
Connect
Liam Ritter
4
Votes |
8
Posts
Personal Finance

Got an unsecured business line of credit

Liam Ritter
Posted

Got $100k business line of credit with 710 credit score to buy some more properties.

Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all? Or do downpayment 20% with it (approx. $14k) and get a DSCR for 80% to close?

APR 0% for 18months

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