Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

684
Posts
335
Votes
Ed O.
Pro Member
  • Investor
  • Statewide, MO
335
Votes |
684
Posts

Leveraging Credit Cards

Ed O.
Pro Member
  • Investor
  • Statewide, MO
Posted

I have some decent offers on my credit llines in the pipeline and was wondering if anyone else is seeing / receiving good deals / offers.

one is 0% for 12 months (PNC), 1% transaction fee capped at $100 the other is 0% for 18 months with 3% unlimited transaction fee (Discover).

Shifting the balances away from private loans would yield a really good savings.

I'm thinking of putting a few apps in before tapping these lines. I have multiple contingency plans for transferring the debt before the clock runs out. I'm aware of the risks and have helped friends pull of various arbitrage schemes in the days where the rates were 0 and transaction fees were unheard of.

Thanks for any ideas and insights.

  • Ed O.
  • Loading replies...