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All Forum Posts by: Salvador Kalil

Salvador Kalil has started 1 posts and replied 2 times.

Questions About BiggerPockets & Official Site Announcements

Post: J Scott - Author of Flipping/Estimating Book - Ask Me Anything!

Salvador KalilPosted
  • Posts 2
  • Votes 1

I have used my business credit card to pay for repairs, property taxes and general expenses but never to finance a real estate purchase. 

I see that many "Gurus" advocate the use of credit cards to use as a down payment in order to buy rental properties for example. The interest charged on a credit card are very high. You could  try to find a card that will give you interest free say for 1 year. This might buy you time so you can either save the money to pay it off or to find an alternate way to finance that balance . 

It all comes down to how much tolerance you have for taking risks. Is best to always take" calculated risks". 

1 Vote
Goals, Business Plans & Entities

Post: As a RE investor does it help to have a RE license ?

Salvador KalilPosted
  • Posts 2
  • Votes 1

As a RE investor is there a benefit to obtaining a Real Estate license ?

0 Votes