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Updated over 5 years ago on . Most recent reply

User Stats

251
Posts
124
Votes
Ayne C.
  • Rental Property Investor
  • Tampa, FL
124
Votes |
251
Posts

Contractor accepting credit cards

Ayne C.
  • Rental Property Investor
  • Tampa, FL
Posted

The GC handling my rehab doesn't take credit cards. He said he is old school. But I want to get in the travel rewards game so I would prefer to use credit cards. GC mentioned he will need to get set up since I'm not the only one asking. Can anyone recommend a contractor friendly third party he can use for processing cc? I'm about to drop $40,000 with him and I want to travel.

Meantime I'm asking that I buy all materials he will get and he credits me in the draw schedule.

30% draw

30% draw minus materials

30% draw minus materials

10% draw minus materials

Amy other advise?

  • Ayne C.
  • Most Popular Reply

    User Stats

    703
    Posts
    445
    Votes
    Tim Johnson
    • Lender
    • Grand Rapids, MI
    445
    Votes |
    703
    Posts
    Tim Johnson
    • Lender
    • Grand Rapids, MI
    Replied

    Tell him to get square its a free app.  Do the setup for him.  You will pay about 3% more just fyi so it might not worth the rewards.

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