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Updated over 8 years ago,
Credit card to buy houses
I want to buy a house and I am short about $50k. I have a $50k credit card and I want to use it to help me buy the house. It is a flip so i should be in and out fast.
Me and my partners make $15k a month so in a few months we can pay this off even if the house doesnt sell.
All i want to know is, how do i use a credit card to pay for the $50k.
1) Does the closing company take credit card to buy houses? Can i give them a credit card or do I have to get a cash advance. What is the best way to buy a house with a credit card... the house is like $250, we have $200 just $50k short and we have to close in 30 days ... what is the best way to do this... i dont think the escrow would take credit card.. has anyone done this before?