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Updated over 7 years ago,
Purchasing a $50,000 rental with credit card discussion
Hello Everyone,
I am thinking of purchasing a rental home in the $30,000- $50,000 range and would like to use a credit card to do it! I have enough cash but I think it would be nice to use some leverage to purchase several rental properties. I am also thinking I can get some credit card points as an added side bonus. There are some CC deals out there that offer 0% for one year, perhaps I can use that for a year before converting to a traditional mortgage. Thoughts?
Best,
Kenneth