This does not apply to small lender and credit unions does it?

This does not apply to small lender and credit unions does it?

@Johann JellsWhy would I use credit card for everything and not cash?

And what are my chances of getting approved for an FHA loan with decent credit?

All of a sudden, he couldn't accept credit cards.

Also look into credit unions that have a business department, you may be able to get a lower rate than you mentioned.

Then you are able to move out 2 years later and rent the unit you were living in or sell the place and use your primary residence tax credit to get $250k/$500k tax free along with a 1031 exchange.

Here are my strategies to make my properties hardier for a recession hit:1) Using cash flow, pay of all short term debt, from friends and family and some credit cards. 2) Make sure all the deposits collected from tenants is in a separate accounts and is not touched by daily operations.

But could be whipped out if I pay off the credit cards.

So I’m in a bit of a dilemma, I have about 25k in credit card debt, more than half of which was used for rich dad poor dad elite education.