Using Credit Line for downpayment??...Funding strategies

[Bukki Fabiyi]

Hi All

I'm new to BiggerPockets but heard great things about this community so excited to join and learn from others. I live in New Jersey, work in New York and moved here from London, UK about 3 years ago. I have a property which was my ex-residential in London which I now rent out (accidental Landlord). Now, I am interested in investing in Real Estate for long-term growth/appreciation. 

I'm considering starting with Rentals but trying to learn more about the US markets (best states/locations to buy) and also trying to learn more about funding strategies. I've been on a few other Real Estate Investing forums and have heard people talk about using Line of Credit for downpayment and then using income from the rent to pay off the credit. Has anyone done this, if so, any advice? I have fairly decent credit score, I can get a 0% interest free card, but wanted to understand the implications of drawing funds from a credit card as a downpayment on a property. I must also mention that I don't own any property yet in the US, so cannot draw equity from one property as downpayment for another.

Also any advise on other funding strategies for downpayment? Appreciate any help/advice on this :-)

Thanks