Nathan G.
Newbie form 1099 contractor question--cash or credit?
I would like a contractor to do some tree work on my first rental next week. The quote is $1900 cash or check. I just learned about filling out a form 1099 for contractor payments of over $600. It looks like I can ...
Kymberly Chase
Taking Line of Credit from my STR business
My yearly cost to run my STR is $30k and I've been bringing in $100k for the last 2 years. Can I take out a HELOC/somehow leverage to pull cash out for a down payment on another property?
Steven Thoma
LLC Credit Card, Can I Use Rewards Points for Personal Use?
Hi all -I'm about to obtain a credit card for my REI LLC. My question is how can the reward points be used, and what is legal? I do not want to intermix my personal identity with my LLC for protection purposes. I w...
C Rich
Have you ever offered cash, but funded with a CC?
For most properties, lenders won't do a deal if a property needs work. Choices are HML or local banks. If you didn't want to deal with that, but have good credit and a 'charge-a-plate' (hee hee), have you ever purch...
Michael S.
2016 Favorite Business / Landlord Credit Card
What's everyone's favorite credit card as a landlord? Seems like there are lots of options, just want opinions on which offer great rewards and other benefits.
Account Closed
What's The Best Way To Obtain A Business Line Of Credit?
I am looking to obtain a line of credit for my REI business. I have received some very attractive offers from companies like Discover who offered me (not my business) $25,000 at 0% APR for 12 months. I personally have...
Greg B.
Applying for Unsecured LOC and HELCO
Hello folks:
I'll putting together my pan of attack and I'm thinking about different ways to finance deals when coach puts me in the game.
Since banks don't really like giving unsecured lines to investo...
Bryan Almodovar
Business credit card
Hello everyone,
I have been looking into getting information from banks in regards to a business credit card. My plan is too use a business credit card to be able to put a down payment on a property, using seller ...
Justin Tahilramani
Purchasing a REO using 0% Balance Transfer
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
G. Brian Davis
How RE investors can open unsecured credit lines
Ever heard of business credit concierge services, that help you open a series of unsecured business credit lines and cards, and negotiate the limits higher for you? I’d heard about them over the last year or two, but ...