Would you borrow at 0%?
For those of you that deal with property values of $100,000 or less and have good credit, this can be a really good deal.
Recently, I spoke to an investor out of Texas that financed 100% flip with 0% APR credit cards. The purchase was a little less then a $100,000, but he says that he has enough credit limit on his credit cards to finance $150,000. I guess he applied for a bunch of them at one time, and some have credit limits of $20,000. The guy is in the medical field and has really good credit.
I'm not sure how he got 0% APR on cash advances, but I added a website so that if people are interested they can apply:
[Site Removed]
What do you think? Would you do it?