Using credit cards + other creative ways to finance investments

[Chelsea Peyton Robinson]

Hi all! Newbie here. I was chatting with my mom a few weeks ago about an area for potential growth where homes are currently under the $50k mark — a.k.a., an area that's ripe for a newcomer like me to invest. 

I could definitely afford a 20% down payment on a few of these homes, so traditional financing is not an issue; but my mom (a banker herself), mentioned how I could purchase some of the lower-cost homes with a credit card. Apparently this is a thing?

I know that BP is all about creative ways to finance, but does anyone have direct experience with home purchases on a credit card? Or other creative ways to finance? What are the benefits of buying with a credit card/non-traditional method of financing vs. putting the 20% down? Anything you wish you had known prior?

All feedback is appreciated!

[Chris Teti]

Yes, I've used this before. The great thing about the credit cards (especially business credit cards), is that you can use the 0% interest cards that only require you to pay about 1-2 % of the balance until you pay it off. So not only would you be using bank money, but 0% bank money to fund your deals. It's pretty sweet if you know how to do it.