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Updated 5 months ago on . Most recent reply

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Christina Giaretta
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5
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Business setup Banking

Posted

Hello, 

I'm planning to create my LLC and business bank in the next month.

1. What are the best banks for REI?

2. And,is it a terrible idea to put the down payment on a credit card or LOC?

The property I'm looking at is in A+ tourists areas and the market for Short term is very high. With a small duplex fully booked at $300 per day. The asking price is $345,000. 

I would need $70,000 on credit down payment and DSCR loan.

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