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Rehabbing & House Flipping

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Tyana Blackledge
  • Rental Property Investor
  • Baltimore, MD
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54
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Is this a good strategy to get started in fix and flips?

Tyana Blackledge
  • Rental Property Investor
  • Baltimore, MD
Posted Jun 13 2021, 10:26

For my first flip i was thinking of getting an llc then opening up an account to get business credit. Then using the business credit to put down on a flip and have the hard money lender cover the rest. Then after the flip i pay the expenses back then pay my business credit card back and 1031 exchange…then rinse and repeat. Is this a good strategy?

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