I am a big advocate of using credit in different capacities, either a credit card, balance transfers, lines of credit, etc. This is because it is easier to obtain, its unsecured (thus not putting your investment at risk of repossession, and private. However, it would be remiss of me to not caveat this use of credit with some advice on
You know my stance at this time regarding banks versus other sources of money. Here, I just have real life examples of why its not even worth going to banks, and you should always consider alternate sources of funding. TL;DR: 2 banks either turned me down, or gave me a huge application, where I was able to walk into a
Now, you don’t HAVE to stay away from banks. I do. I hope you will. I go exclusively to credit unions now. I have found banks to be a complete waste of time (except for their free business checking accounts). You can fund your real estate investments the easy way, or the hard way. Credit unions are consistently easy. That