Using a Credit Card to Purchase Real Estate

[John Paul Whaley]

I’ve heard a few people on the podcast mention using credit cards to purchase real estate. I am extremely conservative with my credit card use, and as a result have great credit that I would be scared to put in jeopardy for a potential real estate deal. 

However, I am curious as to how that even works. Has anyone out there had success with this? If so, could you explain the process? If you used your credit limit as leverage, wouldn’t your credit rating get killed?

Please let me know if anyone can clear this up for me. 

Thanks in advance!