Should I use a 0 APR credit card for financing a rehab?

[Jimmy Lieu]

Hi,

My plan is to close the property, sign up for a new credit card offer, and use that line of credit to finance the rehab. After 6-12 months, I would like to refinance and pay off the debt + interest then. However, one thing I am worried about is that since this would be a new credit card, it would have a low credit limit (not enough to fully finance a rehab).

What would you say is the best credit card to use for financing a rehab? I have read about a lot of credit cards that provide 0% APR for the first 15 - 18 months, which would be perfect for financing a rehab! In your opinion, which credit card would you say the best offer?

I would love to hear your guys input on if you use this strategy and if it's a viable to do. And if you do use it, how do you overcome the small credit limit? Or do you ask for a higher credit limit in the beginning?

Thanks.