Business Credit for Real Estate Investors

Mike Hambright (00:00.718)
Hey everybody, welcome back to the show. Excited to talk to you today because we’re talking about money here. This is Brett Watts. He’s joining us today. He’s sponsor of our Mastermind and Investor Fuel. And he is a business credit expert. And we’re gonna be talking about like how to get business credit, how to use it responsibly and how to use it to really kind of fuel your growth. So Brett, welcome to the show.

Brett Watts (00:20.236)
Hey, thanks for having me on. Super excited.

Mike Hambright (00:22.114)
Yeah, yeah, we were just talking about, you know, the fact that all entrepreneurs, especially real estate investors, are always capital constrained, like we always need more capital for whether it’s working on a specific house, a fix and flip or something like that, whether it’s your operations, whether it’s building your team. And so at the end of the day, you either have to build up those reserves to pay for it yourself, or you’ve got to kind of finance your growth. And most entrepreneurs are bootstrapping everything or financing it one way or another. So this is a really great topic to talk about today.

Before we jump in, why don’t you tell us a little bit about your background.

Brett Watts (00:55.958)
Yeah, perfect. Thanks so much. yeah, background of me, it’s always been marketing, went to school for marketing, had a marketing agency for seven years, ended up exiting and selling that in 2023. And through my marketing, you know, company did overall pretty well. And so once I get hit with my first pretty big tax bill, I realized I never want to do this again. So I started finding more ways to minimize my taxable income. And that’s what actually got me

real estate in the first place. It was just how do I lower that? So I got some short-term rentals with Airbnb and that’s really what got me into it. I realized that even if I had the funds, you know, with real estate, it can really swallow a lot of it really, really quickly. And so that’s what got me thinking of, there’s got to be a better way to get real estate without, you know, just taking a huge amount of my personal funds in order to do that. And so that’s when I kind of started researching just more ways to creatively get funding without super hype.

Mike Hambright (01:27.448)
Yeah

Brett Watts (01:55.774)
interest rates without giving up equity. know, so that’s kind of what got us into this type of funding and so I did this myself several times and now we kind of help others you know go through the same process and do it themselves. So yeah it’s been a really good journey.

Mike Hambright (02:09.454)
Yeah, that’s great. Yeah, that’s one of the reasons I love entrepreneurs and doing the podcast here. we talk obviously to a lot of real estate investors, but I mean, entrepreneurs are problem solvers, right? Like you find, and most people that have a product or a service like yours, it came from something that you needed in your business and you find it and you’re like, hey, other people need this too. And I think I can build a better mousetrap. So yeah, that’s great.

Brett Watts (02:27.786)
Yeah.

Brett Watts (02:33.118)
Absolutely.

Mike Hambright (02:34.082)
So obviously real estate investors have access to all sorts of capital. You can use hard money or private money for deals. You can form unique partnerships or you can get more traditional kind of credit for your business, which is what I know you help investors provide or get access to. So one question I have for you is, what’s the difference between kind of business credit and personal credit? Because I think a lot of us, me included, have used a lot of credit and it ends up being…

either personal credit or I’m personally guaranteeing a lot of it. So maybe help us understand the difference between kind of personal credit and business credit and the pros and cons of each.

Brett Watts (03:09.727)
Yeah, I mean at the end of the day, there’s a lot of similarities to it. You can have good scores, you can have bad scores, both personal and business. You know, just like when it comes to real estate, oftentimes you want to protect yourself, which is why they say, hey, make sure you have it in LLC. But you also want to protect your personal credit score. Right. And so a lot of the funding that we do, we sometimes recommend one over the other. a lot of sometimes we say, hey, let’s do a little bit of both. Right. If you need maximum

fund funding, whether it’s a timeline that you’re trying to hit or maybe just you need a lot, we might need to dip into both. The primary thing that we try to focus on is a little bit more business funding and there’s different you know verticals and subcategories within each of them right. You can have personal loans, business loans, lines of credit, business term loans, credit cards, personal cards, business cards, you know things like that as well. I’m always much a bigger fan of

leveraging business credit. The first property I actually ever did was I got a bunch of zero, not even a bunch, just a couple zero percent interest personal credit cards. Well, I’m thinking, okay, this is great. I’ve got like 12 months, 15 months, 18 months of no interest so I can just slowly pay this back. Well, which is absolutely true. What I didn’t realize at the time was that by maxing out these cards and slowly paying it off increases my utility.

utilization in other words my Balances and debt that I have on my personal card, right? And so that due to high utilization and balances on those cards actually lowered my credit score So I didn’t have credit monitoring on at the time. So I went from like an 800 down to like a 745 You know pretty big drop by doing nothing different besides leveraging personal credit and so that’s the major benefit of business credit is

Mike Hambright (05:01.464)
Yeah.

Brett Watts (05:09.417)
You know, like I said with an LLC, it protects your assets while with business credit, it protects your personal credit score. So by having business credit, it doesn’t report on your debt to income. It doesn’t impact your utilization, which therefore doesn’t impact your personal credit score. So if you need to max out cards and if you need a year to pay it off, that’s okay. Just try not to do it in personal cards because you can have the same downside effect that I did, you know, dropping, you know, pretty significant amounts just by over

Mike Hambright (05:15.757)
Okay.

Mike Hambright (05:39.126)
Yeah, yep. And so it doesn’t affect your personal credit, but does it, I mean, are you still personally, not that anybody wants to default on that, are you still personally, have you kind of personally guaranteed that debt if it doesn’t get paid off or what happens if it doesn’t get paid off?

Brett Watts (05:39.267)
everything personal. So just things to kind of be aware of.

Brett Watts (05:57.078)
Yeah, good question. So a lot of times with, unless you’ve got years of LLC history, right? They’re gonna wanna look at your personal credit score. Right, and so at the time of the application, you are gonna have a hard inquiry.

you know, when it comes to applying for it, even a business line of credit, they’re going to want to have that as well. Now for you to come down to the point to get out of that, the good thing about real estate is let’s say that I flipped it and go so well. Out of all the hundreds of clients that we’ve served, we’ve never had anybody get to the point where it came to this. Is that to say that it’s not possible? Sure. Anything is technically possible. But what’s great about real estate is it’s such a stable asset class. Let’s say that you flipped and you went under

Worst case scenario, you sell it and you lost a little bit of money, but the asset class is still so stable that you’re never really, I won’t say never because that’s a strong word, it would be extremely unlikely to need to file bankruptcy or anything like that because worst case you just sell it. And so is your name going to be technically tied to it? Yeah, sure. But you’re still protected under the LLC first and it would take a lot of time.

and a lot of things going wrong for an extended period of time for it to ever really take an effect to your personal side of it. yeah, but yeah, you would apply with a personal credit check. So an inquiry, you know, maybe five points, right? But all the debts and balances and utilization that all reports on business, which doesn’t have any impact on your personal for that, if that makes sense.

Mike Hambright (07:22.232)
Yeah, okay. Okay.

Mike Hambright (07:41.794)
Yeah. And if you get credit, like a lot of people don’t, I mean, have never, I don’t know, utilized business credit maybe, so maybe they’re using a lot of personal stuff. What are the benefits of having a good credit score on your business?

Brett Watts (07:57.846)
Well, the good thing about the credit stacking, right? So we can help with credit cards, which is another word for credit stacking. Most people when they hear credit stacking, they’re thinking stacking up rewards points to travel for free, which I do as well. But you can also stack 0 % interest funding, right? So instead of stacking points, which you still get some, we’re stacking higher amounts of funding in order to kind of help with that. And so…

Mike Hambright (08:09.816)
Yeah.

Brett Watts (08:27.743)
By having that, sorry, the question was business credit.

Mike Hambright (08:32.45)
Well, the benefits of building your credit under your business versus your personal credit, yeah.

Brett Watts (08:37.371)
okay, yes, okay. So the reason I was getting into that…

With the credit cards, you don’t even need to have business credit. In fact, you can open up an LLC today, take a day or two to get an EIN set up, and you can apply for funding immediately. With the credit cards, you don’t need tax returns, you don’t need collateral, you don’t need to show bank statements. You can have zero income, zero sales, start a new LLC, and you’re eligible. So with that method, you don’t need business credit. You just need a strong personal profile. Now, if you wanted a business line of credit, and you don’t have business credit already established,

you can still, oftentimes, can still get you approved. The question is, is it going to be for an interest rate that you’re happy with or willing to accept?

Mike Hambright (09:20.6)
Right. Yep.

Brett Watts (09:21.729)
Now if you have two year tax returns and you have business credit and you have business credit cards that you have paid down, that is going to boost your credit history. So by having that for a longer time, you just get better rates, just like you would get better rates with personal credit score. So if you get a business term loan, business line of credit, you can still get approved either way. It’s just the rate of which they will approve you for the loan is going

Mike Hambright (09:37.784)
Sure, sure.

Brett Watts (09:51.646)
want to be significantly different. Yeah, both actually.

Mike Hambright (09:51.651)
Yeah. Yeah. Probably the rates and the amount, right? Once you prove more credit, more credit worthy you are, the more you can get at a better rate, you’re less risky. Yeah. So is it always credit card stacking or are there different lines of credit? And you know, we talk about buying, I’ve heard of people buying houses on a credit card before, but that’s got to be relatively rare. Obviously you could use it for buying materials and things like that. But in terms of like paying contractors and buying houses and bigger purchases, are there ways to

Brett Watts (10:00.651)
Yeah, yeah, absolutely.

Mike Hambright (10:21.28)
I guess maybe get cash advances or other ways to kind of use this credit that’s not necessarily sliding a credit card.

Brett Watts (10:26.719)
Yeah, absolutely. So, you know, lot of times when somebody hears this strategy, they may say, hey, I’m not interested. You can’t buy a house with a credit card. Most instances, that’s 100 % true. You can, however, liquidate money from the credit card, meaning pull cash out. So let’s say you get approved for $100,000 and zero percent interest credit cards. You can pull up to 90, sometimes 95 % of that out as cash. That process sometimes takes three to five days, maybe a week or two.

depending on how many cards and how much you want to do. But you have it out as cash and so this way it sits in your account so if you need to show proof of funds or you need to bring money to wire at the you know to the title company at the time of closing now you’re able to do that because most title companies there are some now that are actually getting creative that will take credit card I’ve even heard of a couple title companies starting to take crypto which is really interesting but most of them aren’t right and so

Mike Hambright (11:21.294)
Wow, okay, yeah.

Brett Watts (11:26.563)
you typically can’t have that and so you just need to pull cash out in order to have it. So whether this is paying contractors, payroll, down payments, earnest money, like whatever it may be, you can absolutely do that and you can typically pull you know anywhere from you know sometimes 90-95 % of the total amount that you have of limits out as cash.

Mike Hambright (11:50.351)
Yeah, okay. And like, who is this for? this for, I know you work with a lot of real estate investors, but is this for, and what do people use this for? Is this for acquisition of properties? Is it for, you know, maybe they’re hard money and they need to have 10 % down, obviously for repairs. Like who’s typically using this in the real estate space and what are they using it for?

Brett Watts (12:14.113)
It’s all over the board. We have some of our guys that really want to scale marketing and they just put this on Facebook and Meta and YouTube ads. We have some that just want payroll, operating costs, down payments. I’d say probably the most popular for us is going to be gap funding where maybe they have a hard money lender that will cover, you know, 85, 90%. They need us to cover the 10 to 15 % down payment. So we’ll use that. And then a lot of hard money lenders, you know,

Sometimes you have to front the money, right, when it comes to the rehab costs. So they’ll use that for that.

Mike Hambright (12:49.08)
while you’re waiting for a repair draw and things like that, yeah.

Brett Watts (12:51.879)
Exactly. a lot of times, depending on the state and the market that you’re in, sometimes people will use us for 100 % of the purchase price and rehab. I’m in the Charlotte, North Carolina market. That’s pretty difficult here just because the purchase price is going to be much greater than a market of someone saying, hey, I’ll buy a house for 50K. That’s not to say it can’t happen in my market. It’s just much more difficult because the home price is greater.

Mike Hambright (13:15.031)
Right.

Brett Watts (13:21.763)
here at least in the Charlotte metro area. And so a lot of times what we teach people to do instead of saying hey instead of using a hundred percent of our money on one deal which may include the purchase price and or rehab cost why not leverage that and disperse that. So let’s say that you’re working with hard moneylenders we’ll just say for easy numbers they’ll say you know they’ll cover 80 percent. Well take 20 percent property A, 20 percent property B, 20 percent property C.

Right and then you can kind of disperse now you can actually take the hundred two hundred thousand dollars and zero percent interest and actually leverage that on multiple deals So that’s what some of our clients will do others just need it strictly for rehab some strictly for down payment Some for marketing payroll other things so it’s really all across the board and that’s what’s so nice about this strategy is it’s essentially cash You’re not You know a lot of like hard moneylenders that you can only use their

Mike Hambright (14:09.507)
Right.

Brett Watts (14:21.639)
money on what they approve. Well with this you can use it however you want to and so it’s revolving lines of credit and revolving credit limits so you can use it, pay it back, pull from it again, pay it back and so you can do this multiple deals. You know if one flip takes you three months you know say if you got 12 months of no interest if all the stars align hypothetically you could do four deals you know just by using it paying it back using it paying back but there’s ways to

Mike Hambright (14:27.373)
Right.

Brett Watts (14:51.499)
extend that time period of no interest as well.

Mike Hambright (14:55.246)
Yeah, so you said that a lot of times they’ll still look at your personal credit. Is that the main driver in how much you can get? Because I know sometimes people get 80 or 100,000. Sometimes they might get 250,000. What determines how much you can get in credit?

Brett Watts (15:11.029)
Yeah, the main driver definitely comes down to their personal credit profile. We realized this and so what’s nice about what we do is we actually do a soft pool. So we take a look at their credit reports with Experian, TransUnion and Equifax and our software actually gives us a range of what they can be pre-qualified for, not just for business funding, but also personal loans or business term loans as well. And so it will give us a range which has actually been really accurate. So if someone needs

something and they need, you 150,000, it comes back and says, Hey, right now we don’t do anything. If we apply today, I could probably get you 40 to 60. Sometimes people say, Hey, that’s not going to cut it. If that’s the case, we’re not a good fit right now. Or we do offer credit repair. We actually don’t even charge for it. So if you need us to dispute late payments, collections, bankruptcies, or maybe just a bunch of inquiries you have on, you know, we can kind of dispute all that, get it off.

and that just comes included with our funding. And so now I may say, right now, based on your profile, if we apply today, I could probably get you 40 to 60, but if you give me 30 to 60 days, I could probably easily double that.

Mike Hambright (16:25.196)
Yep.

Brett Watts (16:25.505)
The question is do they have the time or are willing to kind of wait for that and sometimes we say hey maybe it’s not going to be best for this deal right now. I can get you plugged in with a private or hard money lender covered this one give me a little bit and then you can leverage it for rehab calls once you’re already working on the project or maybe it’ll be for another deal.

Mike Hambright (16:35.256)
Yeah.

Mike Hambright (16:46.284)
Yeah, yeah. And so a lot of these times, this kind of credit stacking is typically 0 % interest, and it’s like a teaser rate, right? So they get you in. mean, there’s been around on credit cards for a long time on the personal side for sure. And so talk about some kind of tips for how to manage the end of that cycle because obviously at some point, I mean, probably on some level with the credit cards, hope you’ll do is have a bunch of debt and…

you get to the end of your term and then the rate kicks in, right? That teaser rate goes away. So I know what you do is, and I know there’s other services where you just basically pay every single year and they’ll go out and do a bunch of stuff for you and you’re kind of stuck paying somebody to manage that for you. I one of the things that you guys do that’s different is you’re teaching people how to go get more and more credit and renew their credit every year so they don’t ever have to pay you again, which is pretty cool and unique. So just talk from the user’s perspective, how to manage that and anticipate, hey, this rate’s going away.

Brett Watts (17:17.749)
Yeah. Yeah.

Mike Hambright (17:44.72)
Like how do you start to plan to kind of renew a new line or new relationships with new banks and things like that?

Brett Watts (17:52.482)
Sure.

Yeah, so there’s always an introductory rate. No interest is never going to be forever, right? One question people ask is, well, how do the banks make money from that? Well, there are credit card processing fees, right? So every transaction, right, there’s usually, let’s say 3%. So interest or no interest, they’re making payments every transaction. Right? So that’s one thing. The introductory periods, it totally depends, right? Sometimes it’s six months, nine months, 12 months, 15

Mike Hambright (18:04.674)
Yeah, sure.

Mike Hambright (18:09.036)
Yeah.

Mike Hambright (18:13.475)
Right.

Brett Watts (18:23.073)
month, 18 months, sometimes 24 months. The ones that we’re typically going after the most are usually in the range of 12 to 18 months. Right? So most of our clients, because we do business funding, you know, it’s very important that you want to make sure you can pay it off before that time ends. Okay. So if you’re flipping homes, maybe doing the BIRS strategy, 12 months is a very long time. Okay. If you need

Mike Hambright (18:42.412)
right.

Brett Watts (18:53.013)
more time, which either number one, maybe that one really big project just took longer than you were expecting, had delays, maybe permits you were waiting for, whatever it may be. Or maybe you already did one or two flips and you keep pulling the money out. Say you did a flip and it’s month 10 hypothetically, and let’s just say it’s a 12 month card of no interest. If you pull another $75,000 out of that, you might not be able to pay that back in 60 days when it ends. So what happens at that time?

Mike Hambright (19:20.365)
Right.

Brett Watts (19:22.883)
is that we usually recommend is we would do what’s called a balance transfer. Essentially what that means is, you know, at the 12 month mark, we’re going to apply for another 0 % interest business credit card. Now that new credit card has, you know, 12, 15, 18 months of no interest, we’re going to transfer the debt off the current card that’s about to expire onto the new one. Now some credit cards out there, every credit card has promotions, okay? Sometimes the promotion is

Mike Hambright (19:46.68)
Yeah.

Brett Watts (19:52.756)
spend $3,000 bucks, get $50,000 frequent flyer reward points. Sometimes it’s no interest for this, sometimes it’s get cash back, but sometimes promotions are no balance transfer fees. So best case scenario, we always want to look at that first. Are there any business credit cards that don’t have a balance transfer fee where you can transfer at no cost? If there is, the average is typically 3%. Okay, but this does two things. Number one, you pay

Mike Hambright (20:05.442)
Yeah, Yep.

Yeah.

Mike Hambright (20:18.903)
Okay.

Brett Watts (20:22.659)
one-time transaction 3 % fee. It acts as an extension because now the new card has 12 or 18 months but if you kept it on the old or existing card when the introductory period ends you’re typically going to have like 18 % plus interest. So would I pay a one-time 3 % fee to avoid 18 to 25 % APR all day long?

Mike Hambright (20:32.13)
Mm-hmm.

Mike Hambright (20:41.741)
Right.

Mike Hambright (20:49.186)
Yeah, for sure, yeah. And all these, by the way, are cheaper than hard money or other things you might use, right? You just gotta stay on top of making sure that you’re transferring balances and that you’re never hitting that period where the kind of full on interest rate kicks in. Yeah, yeah. It’s just like, you know.

Brett Watts (21:07.551)
Yeah, exactly.

Mike Hambright (21:12.374)
It’s like the burr method on some way you’re gonna refinance your line into the next thing, refinance it into the next thing essentially. Yeah, yep, yep.

Brett Watts (21:19.744)
Yeah.

Yeah, essentially so. And you can, by doing this, you can go three to five years with no interest, all under the same LLC. Eventually, one thing before we started this was, you know, we talked about eventually, if you do this three to five years and you’ve already gotten, let’s just say, I don’t know, several cards, you can only get this one card once within that LLC. But kind of the trick of the trade is, technically, you can start a new entity and a new LLC.

Mike Hambright (21:27.884)
Yeah, right.

Brett Watts (21:50.516)
can get that card that you already had and you can apply for it all over again. And that’s one of things that we do. It’s like, how do you do it in a way that you can rinse and repeat this? Because with real estate, you’re always going to need more and more money. Right? And so we not only teach how to do it, but we give you the tools, resources, and all of the bankers that we use to actually submit the applications on your behalf. They’re your bankers now. To save their contact info and you open up a new LLC, go through the bankers that

Mike Hambright (21:55.214)
Yeah.

Mike Hambright (22:02.584)
Yeah, it was never enough,

Mike Hambright (22:14.082)
Yeah. Yeah.

Brett Watts (22:20.419)
already had and now you can get that same card all over again with another entity and rinse and repeat the same process all over again.

Mike Hambright (22:26.54)
Yeah, or if you’re an investor and you already have several entities, just use a different entity you already have the next time, maybe. Yeah. So talk about, maybe give some tips on how to use this responsibly. Like there’s always, you know, there’s, there’s been some definitions out there of kind of good debt versus bad debt. Good debt is

Brett Watts (22:33.035)
There you go.

Mike Hambright (22:42.54)
you know, taking a flight around the world and blowing it all and good debt is using it on things that are going to help you generate more revenue and have a return on that investment so you can afford to pay the debt off. So can you maybe share some best practices for how to be smart about getting access to debt like this?

Brett Watts (22:45.345)
Hahaha.

Brett Watts (22:59.457)
Yeah, so we are kind of picky on who we want to bring on, right? I wouldn’t ever want somebody to be in a tough situation. You know, if somebody said, hey, I want to install a pool in my house because it’ll make my wife happy out of our primary residence. You know, unless they have strong W-2 income.

Brett Watts (23:19.041)
how are you going to pay that back, right? When you can’t do it. Now this is for a property and you’re going to refinance or you’re going to sell it and you’re increasing the valuation of it. You know, very easy to do because it’s you’re doing it for business purposes to at the end of the day profit. So that’s the first thing is, you know, are you being smart with it? And that’s what I love about real estate. As long as you start to understand and analyze deals, it can be extremely predictable. When people go in the red and they get in tough situations that usually

comes down to majority of the time they just didn’t analyze the deal right. They overlook something that could have actually been preventable. And so what’s nice about real estate is not only just being a stable strong asset class, but if you learn to analyze deals, run comps, figure everything out, it can be extremely predictable to a point that it’s not really risky. The other thing that you want to minimize risk for is unnecessary expenses. One of those is very high interest rates.

you know instead of getting 14 % sometimes 20 % you know whether it’s lines of credit or hard money or whatever it may be

Mike Hambright (24:30.094)
Yep. Yep.

Brett Watts (24:31.009)
sowing against 0 % interest, it’s like, which one’s really risky? You know, the only downside that I would never say is if you’re wanting to buy a long-term turnkey property and have long-term tenants in, this is not a strategy I would recommend. Because let’s say if you make even 500 bucks a month profit, well, first off, things break, right? So you got to have a goose egg in the house to be able to have for that. But even if there wasn’t, hypothetically speaking,

Mike Hambright (24:35.18)
Right.

Brett Watts (25:00.963)
you know could you pay back a hundred thousand dollars in 12 months if you’re profiting 500 bucks a month from a door? No, not even close. So that’s one thing when someone comes to us and they say hey I need this for a long-term turnkey we just say look we’re not the person you just need a 30-year conventional loan you know go that route. If you’re gonna do a fix and flip a BIRS strategy Airbnb and you know the numbers report that you can pay that back in 12, 18, 24

Mike Hambright (25:08.974)
Great. Yeah.

Mike Hambright (25:18.499)
Yeah.

Mike Hambright (25:22.39)
Right, right, right.

Brett Watts (25:30.883)
months it’s a really good good option for you so

Mike Hambright (25:34.851)
Yeah, or like you said, up your marketing, which is an investment and typically has, you know, I mean, even if you had a 4X ROAS, it’s a 400 % return on that marketing spend, right? So you could use that to juice your marketing and you just gotta make sure that you’re plowing, you know, as you start to grow your business, you’re using some of that to pay off your debt and not getting too far ahead of yourself.

Brett Watts (26:00.577)
Yeah, the only other thing that I’d like to say to really protect people, right, because that’s the thing for us is we always want to be fully transparent, honest with it, because I would feel so guilty if someone got in a bad situation. You know, you do need to make minimum payments with this. Okay. Typically, it’s 1%. It does sometimes vary based on the bank and institution you’re getting the funding from. Sometimes it’s 3%. So let’s just say hypothetically, for easy math here, if I get someone $100,000 in 0 % interest, say they spent all of it,

you know, 1 % of that you need to be making a minimum monthly payment of $1,000 a month. Now obviously if you only get $40K, it’s significantly less than that, right? It’s percentage based. So 1 % is most common, can be as high as 3. It’s very very important you set auto bill pay monthly minimum. Right? That way it does that percentage based. If you forget to do auto bill pay or you’re missing payments, well these credit

Mike Hambright (26:53.592)
Right.

Brett Watts (27:00.491)
card companies have the right to revoke your no interest period again. So it’s very important set it and forget it and then as you make money whether it’s from your tenants short term maybe a flip whatever it may be then you can you know go in manually and pay off large chunks at that time but that’s really important.

Mike Hambright (27:07.352)
Yeah, yeah, you don’t want that to happen.

Mike Hambright (27:21.794)
Yeah, yeah, awesome. Well, Brett, I know you guys are able to help a lot of different real estate investors and entrepreneurs. So if folks want to learn more about you or your products, like where can they go to learn more?

Brett Watts (27:33.535)
Yeah, you know our company is swiftlinecapital.com. You can just go there and learn all about it. We’ve got an FAQ page on there. You can learn about some of the results a lot of our other real estate investors have done. The first step is really just fill out a quick survey. It’s no credit check, anything from there. You answer a couple short questions and then it basically lets us know what you may be pre-approved for and pre-qualified for, whether it’s 50k, whether it’s 250k, and that’s really going to be the first step. Depending on your project, how much you need, you you can take a look at that.

Mike Hambright (27:54.606)
Yep.

Brett Watts (28:03.559)
and see, know, does it even make sense for you that time? And then from there we can always explore the best options.

Mike Hambright (28:06.498)
Yeah.

Awesome, awesome. We’ll add a link in the show notes down here for folks that weren’t able to write that down. Swiftline Capital. But thanks so much for sharing some insights with us on business credit today. Appreciate it.

Brett Watts (28:20.061)
Absolutely, thanks for having me. Super excited to be more involved here.

Mike Hambright (28:23.501)
Yeah, we’re looking forward to seeing you at Investor Fuel here in about a week and a half, I guess, or maybe even a little bit less. Yeah. Awesome. Everybody hope you got some good value from today. You want to make sure you’re using credit wisely, but that is really the name of the game with real estate is utilizing leverage or kind of good debt to help you grow your business to the next level. So hope you got some good value from today. We’ll see on the next show.

Brett Watts (28:26.997)
Yeah, yeah, I’ll be there.