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Updated over 1 year ago,

User Stats

506
Posts
25
Votes
Antonio Bodley
  • Alabama
25
Votes |
506
Posts

How risky is using balance transfer checks from business credit card as a source?

Antonio Bodley
  • Alabama
Posted

How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest in? Or try the balance transfer method in to the bank account first just to have the money already available then go look for the apartment to invest in? I am not familiar with using balance transfer checks from business credit cards into bank checking account. I have four business credit cards. Does the transfer work like me doing balance transfers from each business credit card into the same bank account? 

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