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Creative Real Estate Financing

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Victor Mays
  • Chicago, IL
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Funding Deal with Credit Cards or Loan

Victor Mays
  • Chicago, IL
Posted Nov 29 2018, 17:34

Hi everyone,

I am starting my first flip & I'm looking for funding options. I have run into a couple of companies such as Midwest Corporate Credit, & Pathway financial that help you get unsecured funding or credit card funding with limits 20K-40k or more, etc. for 0% APR for 0 to 12 months. They charge 10% for their services & provide a variety of options. I'm looking to get a loan to fund the construction of the project for 60k max at a low interest rate. Is the credit card route a good option? What is the Pro's & Cons? Would you suggest getting a loan instead? If so, who do you recommend?

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