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Updated over 7 years ago on . Most recent reply

Dymond Shafer's profile image
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Dymond Shafer
  • Flipper/Rehabber
  • from Higginsville, MO
  • Member since Oct 30, 2017
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Dymond Shafer's profile image
Dymond Shafer's profile image
Dymond Shafer
  • Flipper/Rehabber
  • from Higginsville, MO
  • Member since Oct 30, 2017
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Dymond Shafer
  • Flipper/Rehabber
  • Higginsville, MO
3
Votes |
22
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Buying & Selling Real Estate

0% Interest Credit Card to Finance a Flip?

Dymond Shafer
  • Flipper/Rehabber
  • Higginsville, MO
Posted

Hello, I have the ability to utilize several credit cards that offer 0% interest for up to 21 months to purchase a SFU to rehab and flip.  Good idea?...versus borrowing against my 401k, hard money or savings?

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Mike Cumbie's profile image
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Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied

For the actual purchase you most likely will not be able to use a credit card. As far as for all of the stuff at Lowes/rehab sure it's a great idea.

  • Mike Cumbie
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