cc @Jean Tranquille - he's a wholesaler based in NYC that's also on the forums. 

nit picking:- c/c is  (noi - mortgage) / down paymentcap rate is noi / the investment (aka the price)

Reward CC's work great if you pay them off during the grace period.

cc: @Brandon Turner , since it didn't add the tag in the other post.

if would be one thing if it was their life savings many times they teach them how to up their Credit card limits .. so the attendees actually borrow 20k at CC rates and knowing that they will pay the CC of with their first flip..

Culver City is just a mile or so to the West and this part of CC is about to really go to the next level. 

I personally wouldn't buy there unless it was really a steal and then I'd plan for a short term hold.But that's just me, I've done C/C- areas and I'm all set with those now - just not worth the aggravation for me personally.

We're approximately $10k in CC debt right now, currently racking up cards a little faster than we're paying them off. 

Used that to pay off my cc and buy the next property!

@Dan Barli I was thinking about wholesaling , however, I just paid off my student debt & C/C .