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Updated almost 8 years ago on . Most recent reply

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6
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Michael N.
  • Libertyville, IL
0
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6
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Personal lines of credit through Seed Capital - Is this legit?

Michael N.
  • Libertyville, IL
Posted

Hello. I am new, and looking for some information on Seed Capital. Has anyone used this service?

This service offers to find me multiple lines of unsecured credit, at 0% APR for 12 months, through personal and business credit cards. They charge $6500 for the service which includes some consulting/coaching. This seems pretty steep.

In theory I would use the lines of credit to purchase rental property, then refinance for cash, and use the cash to pay off the credit card balance within the 12 months.

I was referred to Seed Capital, through the Cash Flow Savvy podcast. I think they are affiliated with Epic Fast Funding.

Thank you for your help.

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