For instance, we have a line of credit against another profitable business that we are the sole owners of.

Acquiring it below replacement cost, especially in a growing market like Panama City, could give you a significant edge both in terms of cash flow and long-term appreciation.With your track record of completing 17 syndications and managing over $500 million in multifamily assets, it’s clear you have a deep understanding of how to unlock value in these types of deals.

This is one of their biggest advantages as they often bypass the personal liability and credit reporting of traditional loans.

He is making it work, and has a multiple year track record. 

One of the applicants reached out stating his credit score is 550 (our requirement is 600) but his wife’s credit score is 750.

@Stuart Udis A contractor should Never put their funds or credit at risk on a customers project , the only exception to this is if the contractor is offering financing . 

Here are some areas where automation and tech adoption can make a difference: Customer Relationship Management (CRM): Use a robust CRM system to track interactions with potential buyers, sellers, tenants, and partners.

One thing to keep in mind, most lenders will require that you have owned a property for 12 months, and have two active trade lines on your credit for 2 years or more.

Reason I am moving to LLC is to take advantage of getting Business Line Of Credit later

You’re on the right track, and your background in construction will be a huge asset.