Credit Cards, 0% interest, balance xfer & playing the game....

[David Huynh]

Hey hey hey!

I'm looking to get feedback on people who have successfully done this. I've never credit card hacked (unless you call what I did hacking) but I'd like to learn more about it. 

It started when I bought a property and all the banks rejected financing it, since over 55% of them were not owner occupied. So I went all in and used the checks that my credit cards were sending me, along with my savings to close on the property (deal worked out wonderfully and it is one of my best properties today). 

So, I found another deal but cannot find 25% for the down-payment. I refuse to leverage any of my properties since they cash flow well and are all performing. Have any of you had 5-6 credit cards with 10K+ available balances that you've taken advantage of? Did you hack or get around this well? Walk me, through the process. 

My thought process is to loan myself 30-35k for the downpayment at 0% interest for 12-18 months and then pay it all back/off. The only charges are the 3-4 points upfront. 

Shoot holes in this thing and teach me or talk to me of the pros/cons.