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Updated over 6 years ago,
Question about building credit for an HOA
I was asked to be a part of the HOA board of a town house I own. I don't have any experience in that regard but felt it would be a great learning opportunity. I am very interested in this HOA budgeting for remodeling the exterior with all the development going on in the area. This HOA is a non profit and has no business credit. I considered investigating acquiring credit cards or other lines of credit to facilitate this. Any input is appreciated, thank you.