Thinking about throwing the balance on my business card and pay it off over time.

However, DTI can be an issue, so depending on how you are funding the renovation, credit card balances will hinder. 

Just remember that if you do direct booking and have a cancellation, your credit card processor will keep that 3% fee, unlike Airbnb or Vrbo. 

You should not put more than 20% of your money in any one deal - in case that deal goes badI was reading some posts elsewhere yesterday where people were taking out $50k advances on credit cards at 0% to invest in a syndication which went under.

For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!

I was thinking of putting the keys in a lockbox and asking the person interested for a copy of their drivers license and Credit card to make sure no damage is done to the property and keys are returned.

@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.

People are being more cautious with spending as stimulus money is gone, cards have high balances, many folks are losing their jobs and inflation prices are very high.

Or worse, a program will advocate taking out a loan or credit cards to pay for the program.Anyway, if you want to go for the program, go for it.

No ACH, no credit card.