Using 0% Interest CC's for Rehab Work
I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have heard one guest cite credit cards as a feasible way to finance rehabs. Is there something I am missing? Are investors just looking to develop relationships with their private lenders and hard money lenders for larger rehab projects down the road? To me, it seems like a very reasonable way to pay as little interest as possible for the longest amount of time.