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Updated about 8 years ago,

User Stats

34
Posts
12
Votes
James Ehrig
  • Fair Oaks, CA
12
Votes |
34
Posts

How do you siphon cash from credit cards with minimum fee?

James Ehrig
  • Fair Oaks, CA
Posted
Hello, I've been thinking about using credit cards to purchase another rental property then re-financing and paying back the credit card. Does anyone know how to siphon the cash from the credit cards without or with a very minimal cash advance fee? I know of a few programs where they will teach you how to utilize this strategy however it costs money for the teaching. I will gladly pay for this knowledge but I figured I would try to figure it out on my own first. I know I can get the Apple cube or the PayPal cube but I believe they charge 2 1/2 to 3% per purchase. However, 3% interest for money is pretty good. As long as I pay off the balance prior to the interest free credit card time frame Ending. ? Any other ideas? Thanks for reading. Any input would be greatly appreciated. Jimmy

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