Hi has anyone used business credit card stacking to go about BRRRR'ing real estate? If so how did the process go?
I used business credit cards to fund a recent rehab. I used three business cards and paid the expenses thru the property manager's portal. I was charged an extra 2.8% to use a credit card thru appfolio, but using OPM made it well worth it for me. You can also pay the contractors diretly using Plastiq, but they charge a 2 - 3% fee.
Anther method would be to take a cash advance. Fees range between 2 - 5% and you will probably need to season these funds for 2 months if you want to use them towards a downpayment.
Best of luck!
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