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Updated over 5 years ago,
Renovations on a 0% APR Card (Hoping for inspiration stories)
Like most I so badly desired to jump into real estate. The only problem I had was that I had no money. I was able to scrounge up 15k through family for the down payment, but I had no money to enhance the property I was buying. I was hoping to enact a BRRRR strategy.
So now here I am with tens of thousands of credit card debt with 0%apr until March 2020. Constantly I doubt my refinance value, I feel like Im making a mistake.
Has anyone else had a similar story where they floated the renovations but it paid off in the end? Im hoping for some inspiration.