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Updated about 2 years ago on . Most recent reply

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Ivan Aldana
55
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101
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Using credit cards

Ivan Aldana
Posted

Hey guys! I’m curious if any of you guys used Plastiq to get the funds from a credit card to use for a down payment on a fixer upper property?

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Ivan Aldana

No.

Strongly recommend against borrowing for a down payment. You will be over leveraged and if you have overruns and no access to $ you will set yourself back years

  • Chris Seveney
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7e investments
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