Investing with credit card teasers
I have always chunked these in the trash but happened to open one yesterday. Credit card I haven't used in years extending 0% for 15 months and 2% for 21 months. I believe there was a 3 or 4 % fee to use. Curious as to if any of you are utilizing this as a quick means of capital for a project that you may look to flip or refi in a short period of time. Looked to be cheap short term capital with a big penalty if you can't get out in time, much better rates than hard money. If you had a few of these you could quickly have a huge chunk of capital to invest. Curious to thoughts of all on this topic.