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Updated almost 8 years ago on . Most recent reply

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30
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5
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Steven Scheer
  • Milwaukee, WI
5
Votes |
30
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Purchasing a SFR using credit cards

Steven Scheer
  • Milwaukee, WI
Posted

Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home Equity Loan or refinancing?

Thanks!

Most Popular Reply

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343
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95
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Chris Sukala
  • Rockford, IL
95
Votes |
343
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Chris Sukala
  • Rockford, IL
Replied

Steven Scheer it depends I guess. I try to think of other ways also. Hypothetically if you had a zero percent CC that would take you to 14 months out but able to refi at 12 months should be good. Since we are just bouncing off thoughts. If the place is ready to go and could be rented right away, the tenant could make the payment.

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