
24 February 2024 | 13 replies
What will happen when the credit card companies and banks tighten their lending standards?
25 February 2024 | 8 replies
For the rented property, during the pandemic, I muddied the waters and used my personal funds to pay for renovation, some utilities and LLC credit card bill.

24 February 2024 | 2 replies
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income.

23 February 2024 | 3 replies
I can add my mortgage, retirement accounts, income, bank accounts and credit card accounts.

23 February 2024 | 26 replies
a way that is used a lot is off the credit card, we get a business credit card most you can get with a apr of 0% up to 12 to 18 months use the card to put down on the property .When the lender pulls your report they want see it business does not report on the personal side.after you close start paying the card back off .Rince and repeat the good thing is you can have multiple llc is how we do great for multiple units.Make sure the deal can serve the debit that why I say multi unit the 12 to 18 apr time frame comes up fast.

23 February 2024 | 27 replies
The "unsecured business line of credit" is simply a business credit card or series of cards.

25 February 2024 | 28 replies
Old economic levers like raising interest rates is not having the desired affect on employment or inflation....and plenty of other factors.Here's some things that happen in a recession if that happens.....loose your job, then your credit cards reduce your limits...maybe below your balance, so that affects your credit.

23 February 2024 | 6 replies
Its a high risk business.... however, its a high reward business as well if you play your cards right. 3.

23 February 2024 | 30 replies
When I went to Puerto Rico the host requested an ID plus picture of my vaccine card and I didn't think twice and showed it.

22 February 2024 | 7 replies
.- A year later I built up money for rehab (cash + busn credit card) - $30K - rehabbed the entire house, except the roof, windows and doors.- Property now rented for $1000 per mth- Current Value Estimates: Redfin - $114K, Trulia - $113K, Zillow: $113K; still doing research on comps because the area is hit and miss so last I saw was a projected $100K***************************************************************************************************************************- Navy Federal Credit Union say they can do 65% of original purchase price in cash out refinance - $34K- Hard-money lender offered $30K at 9.9% for 6 months as rehab loan, which I'd use to replace roof, windows, doors, and cutdown at few trees; then cashout refi for 50% of the appraised value between 6 and 9 % depending on personal credit.