If I have $150,000 of 0% Interest free credit. Can I Get 3% ROI With it Each Week?

[Russell Hoelting]

I recently learned how to acquire 0% interest free business credit lines by utilizing the 0% interest free introductory period on business credit cards and Business Lines of Credit.

How do I let someone use it so I can ask for a 3% ROI each week?

Would I be able to give it to a Hard Money Lender? Who and How can I loan these big credit lines out to get a passive income stream coming in?

I've heard it's possible. I'm just wondering if someone has done this before in this forum? If so, can you explain how, once you get access to all this credit from different business credit cards and business lines of credit, you can make passive income with it or use it to purchase properties?

Can you use a business credit card to pay for the down payment on a house?

[Doug Smith]

3% per week is pretty aggressive. You're talking about a 156% annualized return. The only way someone like us could come close is to use it for transactional funding, which we do, but that's still incredibly aggressive for a return. Regular bridge loans (hard money) are going to be 11%-12% per year...not 3% per week...and there has to be room in there for the lender to make $, otherwise why would the lender do it? We all have cheaper sources of capital and $150K isn't enough to really build a lending practice on. It might do a micro-deal here and there, but few deals we see are that small. We, or someone like us, could place it, but the return you're seeking wouldn't make it make sense for a good lender to take on. I hope it goes well for you.