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Updated almost 7 years ago on . Most recent reply

User Stats

38
Posts
17
Votes
Kirsten Braddock
  • Investor
  • Ponte Vedra, FL
17
Votes |
38
Posts

Using a credit card for funding

Kirsten Braddock
  • Investor
  • Ponte Vedra, FL
Posted

I’m interested in hearing how to use 0% introductory rate credit cards as a way to purchase properties. The problem I foresee is that once I access the money for the cash purchase, I’ll kill my good credit with high balances. Ideally, I would refi the property after 6 months to pay off the credit cards. Has anyone done this successfully. Tips and tricks please!

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