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  1. #141
    Mr Yamaha brutal's Avatar
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    Quote Originally Posted by ChunkyMonkey View Post
    Timing. During which your old mortgage shows paid off and your new one hasn't shown, you credit gain many points. It will drop back down a bit on the new mortgage until you show few payments.

    Edit: quick business credit tip.. Get your D&B account going then get store credit under the business. Few stores that I know approve 2k-5k and report the activity to your business credit file is Staples and SAMs.

    It takes a year or so to build up credit for your biz. It has been 3 months for damagefactory.. And we already got approved for $50k or more line of credit.

    Good luck


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    I would expect the opposite. I have seen "your open credit on real estate accounts is too low" as a negative on my credit reporting. I have excess equity (> 2:1 value) in my property and am well on the way to paying off my mortgage early.


    Quote Originally Posted by Irving View Post
    All I'm after is something that allows 0% interest balance transfers. I have enough freed up credit on current cards to buy what I need, and income from that purchase will ideally pay itself off in 12 months. If not, I can afford paying off the total amount in 12-15 months at 0% interest with my normal income if I need to. The card isn't that important because for the most part, I'll never really use it except for holding the initial debt.

    Now, I post about this here because I know I'm approaching this from a personal expense stand point, and there are probably better ways to accomplish what I want. I value the input from everyone so far. I feel like I'm not transitioning into the business mindset quick enough, so I'll probably set up lunch with Chunky and/or some other business owners to show me the ropes.
    You might shop around a few credit unions, they're usually hungry for CC biz. Thing is, you're going to pay an up front fee for any 0% through xx 2016 offer. You may be better off getting a NO FEE transfer with a super low rate. Just a thought.
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  2. #142
    QUITTER Irving's Avatar
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    Nov 2008
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    I think 3% up front will be cheaper than 12% over 12 months, but I haven't done the math yet. I usually set very aggressive payment schedules on stuff like this as well.
    "There are no finger prints under water."

  3. #143
    Paper Hunter
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    May 2013
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    Reunion, CO
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    Quote Originally Posted by Irving View Post
    I found one for 15 months, but don't have the info on me at the moment. Probably what I'll go with.
    Which card? In any case, NEVER get a Capital One card. They do 3 hard inquiries (1 for each bureau) and their cards are usually never as good as offers from other banks that only do 1 pull per application. And multiple inquiries from the same bank on the same day usually results in the pulls being merged into just 1 pull.

  4. #144
    Paper Hunter
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    May 2013
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    Does anyone here know a Buyer's Agent for new construction?

  5. #145
    Don of the Asian Mafia ChunkyMonkey's Avatar
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    Quote Originally Posted by Superorb View Post
    Does anyone here know a Buyer's Agent for new construction?
    Most agents will not say no to new construction. If you haven't found one, pm me.


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    Quote Originally Posted by crays View Post
    It doesn't matter how many rifles you buy...they're still cheaper than one wife, in the long run.
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