šØ How To Flip, Buy, BRRRR a House with $0 of Your Own Money?
Hereās the Business Credit Version of a HARD Money Loan (But Cheaper, Faster & No Docs) š³šļø Flipping houses usually comes with: ā 10%-12% interest ā 1-3 points upfront ā Bank statements, income docs, appraisals, and slow closing Also most hard money loans fund 70%-90% LTV. But what if I told you⦠Thereās a faster, cheaper, and more flexible option that requires: ā
No income verification ā
No W2s or tax returns ā
0% interest for 12ā18 months ā
And approval in as little as 5ā7 days š” Itās called Business Credit⦠and it works like a private hard money lineāwithout all the BS. Hereās a real-world breakdown š š” $200K Property š„ Use a DSCR loan at 80% = Bank covers $160K š³ You liquidate $40K in business credit for the down payment šø Pay a 6% fee on the liquidation = $2,400 š ļø (This becomes free...š¤«) Then use additional business credit cards to pay contractors directly for the rehab (most accept cards or simple invoices) ā
No equity partner ā
No private money lender ā
No docs ā
And you keep 100% of the upside š Once the flip is done or the BRRRR is complete, you refinance, pay off the business credit, and move on to the next deal. ā ļø 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.