Hereโs the Business Credit Version of a HARD Money Loan (But Cheaper, Faster & No Docs) ๐ณ๐๏ธ
Flipping houses usually comes with:
โ 10%-12% interest
โ 1-3 points upfront
โ Bank statements, income docs, appraisals, and slow closing
Also most hard money loans fund 70%-90% LTV.
But what if I told youโฆ
Thereโs a faster, cheaper, and more flexible option that requires:
โ
No income verification
โ
No W2s or tax returns
โ
0% interest for 12โ18 months
โ
And approval in as little as 5โ7 days
๐ก Itโs called Business Creditโฆ and it works like a private hard money lineโwithout all the BS.
Hereโs a real-world breakdown
๐ ๐ก $200K Property
๐ฅ Use a DSCR loan at 80% = Bank covers $160K
๐ณ You liquidate $40K in business credit for the down payment
๐ธ Pay a 6% fee on the liquidation = $2,400 ๐ ๏ธ (This becomes free...๐คซ)
Then use additional business credit cards to pay contractors directly for the rehab (most accept cards or simple invoices)
โ
No equity partner
โ
No private money lender
โ
No docs
โ
And you keep 100% of the upside
๐ Once the flip is done or the BRRRR is complete, you refinance, pay off the business credit, and move on to the next deal.
โ ๏ธ This strategy lets you keep deals moving without waiting on underwriters, partners, or hoping a PML comes through.
Comment "BANK" if you want to finally become your own bank and build 1.1M in biz credit like I did, I will send you a free mini course on how to scale in real estate fast.