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Updated 30 days ago on . Most recent reply

User Stats

21
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Ryan Marble
  • Investor
  • Arizona
9
Votes |
21
Posts

Go Credit Pros???? Business funding.

Ryan Marble
  • Investor
  • Arizona
Posted

I've been looking into a company called "Go credit pros". They advertise on social media regarding helping you secure business funding for any kind of business start up or existing. Sounds like it's mainly through zero percent interest business credit cards. 

My thoughts were to use this type of funding for a down payment on a 3rd rental property or STR. My wife and I already have an existing STR in Orlando. We took out a 2nd on our primary property to help us with the down payment. I should at least break even on this property, but we wanted it for personal use anyway and figured we could use it to learn on. We Would like to find a 3rd property, that will definitely cash flow. But as I research, I am realizing that even if I find a great deal, I don't have the funds to buy it at the moment anyway.

Any advice or info on this company "go credit pros", or using this type of funding in general for a purchase or down payment on a purchase would be very helpful. I really want to be more involved in real estate as a profession somehow.

Thanks in advance,

-Ryan

Most Popular Reply

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43,442
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64,178
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
64,178
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43,442
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

your fico gets crushed  as you max out cards then you cant refi thats the risky business part.

or project does not go as planned and the zero interest becomes 24% thats the risky part.

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JLH Capital Partners

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