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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • from Charlotte, North Carolina
  • Member since Jun 12, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Charlotte, North Carolina
  • Member since Jun 12, 2017
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Account Closed
  • Charlotte, NC
25
Votes |
39
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Creative Real Estate Financing

Credit Cards for Real Estate Investing - Good or Bad Idea?

Account Closed
  • Charlotte, NC
Posted

Hey guys, just trying to get started with real estate investing and wondering what your thoughts are on using credit cards for financing some of my seed capital costs for real estate investing? Good or bad idea, and where would I look to get qualified for high credit limit and low fee cards?

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Jay Hinrichs's profile image
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Jay Hinrichs
  • #1 All Forums Contributor
  • Lender
  • from Lake Oswego OR Summerlin, NV
  • Member since Jan 29, 2014
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Jay Hinrichs's profile image
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Jay Hinrichs
  • #1 All Forums Contributor
  • Lender
  • from Lake Oswego OR Summerlin, NV
  • Member since Jan 29, 2014
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,018
Votes |
42,773
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

AS long as you fully understand the risk... if your deals don't work you just saddled your self with almost certain bankruptcy.. if they work your the next Hewlit and Packard.

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JLH Capital Partners

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