So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...
With multiple partners, I have 3 projects in the works. One is complete and on the market for sale with offers coming in, one is complete and awaiting inspection for rent, and the third is still undergoing rehab. I'm...
With multiple partners, I have 3 projects in the works. One is complete and on the market for sale with offers coming in, one is complete and awaiting inspection for rent, and the third is still undergoing rehab. I'm...
Hello all,Has anyone had any experience with Oracle Loans? I've searched the forums but nothing. There also isn't much about them online, good or bad. Interestingly enough, they claim to be endorsed or connected in so...
We live and work in Utah County and own a home and investment property in Utah County so looking for a local credit union or bank that would be good to partner with for future investment opportunities. We are currentl...
I currently own a small used car dealership and am thinking about applying for a business line of credit for my dealership. Would I be able to use that line of credit to invest in real estate? Any advice is appreciate...
Hello BP!I feel like I've called so many banks and I keep getting the same answer "No". I own 3 duplexes in Ohio. All are owned in the same LLC. All have increased in value by $50-60k in the past 1.5 years due to forc...
I was hoping to get feedback on business lines of credit secured by free and clear real estate. For the sake of this discussion, here's an example scenario: If a person had 5 properties free and clear, valued at ...
I saw an online post that you can form an LLC and use your personal household bills. By paying your household bills, you can build your business credit and leverage the credit to purchase real estate. I wanted to get ...
What would happen to my credit score in the end if I were to use an interest free credit card to finance a flip, flipped the house, and paid back the card?I understand that my score would initially go down b/c I am us...