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Updated almost 9 years ago on . Most recent reply
![Cody Gentry's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/215423/1621433825-avatar-cody_gentry.jpg?twic=v1/output=image/cover=128x128&v=2)
Using a Credit Card to Pay for Advertising Expenses?
I've always wondered if using a credit card was a viable option to pay for advertising expenses. Some new agents, like myself, don't exactly have a particularly large amount of capital to start with so it would make sense to utilize a credit card to cover the cost.
So hear me out, statistics show that the agents that put more money quality advertising, will generate a greater number of leads, thus, the more money they will make.
Example: In a perfect world, lets say I put $1,000 /month on my credit card to pay for advertising. Within that month, I get 5 potential leads and 2 of those leads close in 50 days. The $1,000 I originally spent would be paid off and only incur a $25 interest charge for those 50 days.
I tried to look it up on Google but I couldn't find any results, so I came here to get others opinions before I do some hastily.
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![Russell Brazil's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120988/1621417798-avatar-russelltee.jpg?twic=v1/output=image/crop=303x303@52x0/cover=128x128&v=2)
At least you understand you need operating capital to be an agent. However I would not bank on being able to close 2 deals in 50 days. Im a pretty successful agent, and I an go 120 days without closing a deal. Also any deal I am working on at any given moment, has likely been in my pipeline and being worked for a year or so.
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