This is basically an unsecured personal loan, like a credit card.

They operate like a credit card - when you are not using the money you don’t accumulate interest, when you are using the money you accumulate interest and need to make monthly payments.

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.

That said, a good place to start for many investors is with Lowes/Home Depot credit cards.

@Robert Higdon this is the single only reason I regretted getting the CCH on my CDL instead of a seperate card. 2am in the ghetto at a Quicktrip.

PadSplit is not passive but it has been a mostly positive experience for me.His numbers seem realistic except PadSplit fees are typically 14.75% (not 14.25%)which is a 12% platform fee and a 2.75% stripe fee to allow members to pay their rent w a credit card. 

this is old  tried and true method of simply having you pay them to get credit cards .. there is no need to pay for this service.. unless you want to of course.. there is no magic bullet ut there that is going to give you credit and financing unless you actually qualify for it.But zero interest credit cards are used by some to do rehab and then pay them off issue is though your fico score drops like a rock the second you take on all these CC.Also starting out there is zero chance of getting any kind of business line of Credit that is unsecured.

Proper setup from the start can prevent major issues and ensure you're profiting from the start!

@Gisell GarciaI use zelle and deposit only cards.

I would be interested to hear from investors in areas like Arlington or Dallas proper where it has really locked down on STR regulations and hear how their transition to MTR has gone for them.