Who Has Experience With Credit Cards? My First Flip!
Hello fellow BPers!
I have been an agent for the past 5 years now and started educating myself on flipping a couple of years ago. I have read as many blog posts, books and watched as many YouTube videos that I can on the subject (No guru youtubers). I now have enough cash reserves to buy a house cash in my market. However I do not yet have all of the money needed to fund the rehab portion of the deal. This is my question to you...do I wait to save up more cash to fund the whole deal including the rehab? Or do I utilize 0% APR credit cards that only require the minimum payments without interest for 15 months? Specifically looking at the Chase Freedom Unlimited card. I would have enough cash to cover the minimum payments each month and then pay the whole card off once we close on the deal.
What is your opinion? Thank you in advance for your responses!