Maxing a credit card for down payment on property

[Chance Cooper]

I found a house the other day for 49k, a house up the street is selling for 86k and another for 76k. I called on a few houses in that neighborhood and rent is around 700-750. 

I would need $9800 as my 20% down, have you ever thought about or actually maxed a credit card to use as the down payment?

Is this a dumb idea? 

[Joe Villeneuve]

What you do is use the Cash Advance part.  This only works though if you have a new CC that has "0%" interest for a year on purchases AND transfers.  You also need more than one card.

Since the CA int rate is incredibly high, and never included in the "0%" offer, you need to use the CA from one card as the DP, then immediately, transfer the balance from the CA card into the other card to get "0%" interest on it.

Now, you need to pay it off before the interest kicks in.