In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,

If your profit was only $300K. then you'll pay tax on the $300K and the other $55k would be considered a return of your basis.Ok thanks but what about my expenses for acquiring, renovating and selling the property in LA?

Then, look and see if any properties fit your strategy that you can acquire at that price point.

I'm licensed in OH and could help you acquire it. 

I have been acquiring and self managing for about 15 years.I worked myself out of need for my day job as an engineer about 4 years ago and it has been great!

By understanding these rules, you can save money and acquire valuable insights into effectively managing your property.

Many first time investors get excited about acquiring their first rental and focus more on minimizing their fees/rate on the initial loan then really focusing on the exit loan.

Here's my situation: I have 2 rental properties. The First is in Crestview FL with a long-term military tenant. Cashflows ~ $800 monthly. Mortgage is $180k. Home is worth $330kThe Second is a Townhome in a student hou...

Greetings,Many mom & pop Buy and Hold or BRRRR investors often overlook creative ways of acquiring property.

Acquiring an income earning property with high potential for appreciation for less than $20k out of pocket?