Jarred S.
Tax write off with personal credit card
I have a personal credit card through the airlines that generates points. If I travel for business purposes can I use that card and it still be deductible? Would I just have to transfer funds in the same amount from m...
Weng L.
Are LendingOne 30-year Rental Loans on Your Credit Report
Hi,
I just talked to LendingOne sales and they told me that their 30-year Rental Loans do not report to personal credit report (under SSN) but only report to business credit (under EIN), but they still need to pull y...
Daniel Tisdale
BHG Financial Review
Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
Chad Jarrah
Private Lending/Personal Line of Credit - Experienced Flipper
Hey guys! I hope all is well...was hoping to get some help or leads in regards to finding a private lender or some direction on a personal line of credit to extend my reach with my flips. I've flipped properties for 1...
Justin Johnson
Recommendations request for Unsecured Personal Line of Credit
Hey all, I'm looking for recommendations on easy organizations to work with to get approved for an Unsecured Personal Line of Credit. Obviously higher the limit with lowest rate is ideal but that's probably something ...
Tracey Steele
Construction Loans vs. Business/Personal Line of Credit
Hi BP Community - What is the general consensus on obtaining a construction loan vs. using a line of credit to finance property renovations? The current property requires some rehab, but it's an investment property, s...
Cooper B.
Accessing 0% personal credit for use by LLC
I have a decent amount of 0% credit available on a personal credit card. Can anyone tell me if there is a way for my LLC to access this credit to help with rehab costs? Of course, it would need to be done in a way t...
Llewelyn A.
How to Handle Charges on Personal Credit Cards
I would like some opinions on something that probably happens every day in the life of a business person.Let's say hypothetically, you own 100 Main Street, LLC.You were denied a Credit Card so all you have is a Debit ...
Jaz McDonald
Credit Score Hack - Improving score with Personal Loan
Hello! I am in the process of improving my credit score (currently at a 700), I am paying off debt, good income to debt ratio, an credit utilization on time payments, etc.
But I would like to expedite the process..
...
Adam Stone-dare
should I use personal credit cards for rehab?
Hello.
My plan is to start rehabbing in Texas and then acquire some SFR rentals and hopefully some multifamily.
I've decided against forming an LLC at this point because I have yet to do a deal and the only assets I...