Are there Bank/Credit Unions that would approve a $250k business loan as capital for a real estate company with no real estate? There is one revolving line of credit under the EIN. I was considering taking $8k from HE...
If I set up a LLC does a bank generally see that there is no credit history or do they go off of my personal credit?
How do I get a loan of they won't use my personal hx?
Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...
Hey everyone. I am a new investor; I have taken out a HELOC on my primary residence to help with any RE investing cost. I want to buy my 1st property through my LLC, but I am pretty sure a lender will still use my per...
I am just getting started and applied for my first pre-approval. I know that lenders hard pull when making a mortgage decision. However, I am going to want to start buying more properties. My question is when investor...
Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state. I am currently living in the southwest. I am hoping to pull pull out the cash from t...
New to RE Investing and have been keeping up on the latest financial situation(s) regarding Fannie and Freddie. I already have an LLC set up and would like to start building credit, so in the future I can avoid rules...
Hello! I have recently created an LLC with a partner of mine to make our first investment. Wanted to gather the great minds in the BiggerPockets community for pointers to get us started on the right foot:1) What is th...
Hello,I have a 2.5yr old corporation, and a PayDex score of 80. I am looking to get a business credit card but they are all asking to run my personal credit. Are there any business credit cards I can acquire just usin...
Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...