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In this video Nicole Purvy shares how real estate investors can leverage business credit along with hard money loans to buy property. Use the spreadsheet to determine the term of your loan and how much you need to borrow.
0:00 Business credit and hard money
1:55 Calculate your investment
2:20 Credit lines or business loans
3:20 Nurture bank relationships
6:00 Short and long term strategy
10:00 Servicing the debt
11:23 Business credit spreadsheet
22:00 Edit the spreadsheet
25:00 Knowledge of your numbers is powerful
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Nicole Purvy is a toddler mom, author, real estate entrepreneur and the CEO of the Better Than Success Real Estate League.
Nicole is also the founder of Philly Real Estate Week and WIRE (Women in Real Estate Summit).
Although Nicole resides in LA, she continues to invest remotely in Philly. She is also a partner of BTS Funding
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By: Better Than Success
Title: 3 Tips to Use Business Credit for Investing in Real Estate
Sourced From: www.youtube.com/watch?v=lHCzKZjVk9Q
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