Any successful story using Fund&Grow?

[Jeongmoon Park]

Dear all,

I am trying to use Fund&Grow to eventually purchase a rental property. Does anyone have a successful story of purchsing a rental property using F&G?

My understanding is F&G set up a bunch of credit cards and convert the credits to cash probably via Plastiq. So my question is... 

1. if I purchase a property which is 100k with traditional loan with 30% down payment (30k), I need to make a loan payment as well as the minimum payment for the credit cards every month. Am I right? If the minimum payment for the credit cards is 2% of the balance....I don't know... it seems like is hard to make any cash flow from the monthly payment from a tenant...

2. If I purchase a 100k property with cash in full and have a free and clean deed....and I may be able to refinance using the equity....However, isn't the amount of loan to get up to 90% of equity ~(90k)? and pay off the most of the credit card debts..... but still, hard to make any cash flow due to the minimum payment to the credit cards and the monthly payment to the loan..

hm...so confusing. Can anyone help me to understand this Fund&Grow strategy and how this may work for cash flow?