how do I use "corporate credit" for real eastate investing?

how do I use "corporate credit" for real eastate investing?

miami, FL · Member since 2011 · 27 posts · 1 vote

I Have been to a few seminars and a concept that intrigued me is the one about setting up corporate credit for real estate inveatment. i did not fully understand how to go about doing this. they stated an llc. or some type of corporate entity and then obtain lines of credit. anyoner has experience with this?

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  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    13y

    Just setting up a corp doesn't generate instant credit. It has to be earned, over years, just like personal credit. You'll also be personally guaranteeing most credit, and it will be based on your personal credit rating.

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