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Updated over 10 years ago,

Nana K.'s profile image
Nana K.'s profile image
Nana K.
  • Investor
  • from Columbia, South Carolina
  • Member since Apr 20, 2014
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User Stats

31
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2
Votes
Nana K.'s profile image
Nana K.'s profile image
Nana K.
  • Investor
  • from Columbia, South Carolina
  • Member since Apr 20, 2014
Connect
Nana K.
  • Investor
  • Columbia, SC
2
Votes |
31
Posts
General Real Estate Investing

is it ok to use line of credit / credit card to start

Nana K.
  • Investor
  • Columbia, SC
Posted

I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pretty well paying job and know I can pay them off but need to leverage and start NOW!!

ANY ADVICE WILL GREATLY HELP.

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