I don't have any crazy credit card debt (less than 3K) and he wanted me to wipe my savings - placing it on the cc and focus on paying off my car then the student loans.

Is it wise to put the entire purchase and renovation on a CC, even for 6-9 months?

If counter...Fluff, Fluff, Slam, Slam, CC OfferTalk about a good point of the house....Then talk about one of the bad points. then make your first low ball offer.

Even if you plan on paying off the CC and Sig loan in 12-18 months, you are losing at least $1,000 out of pocket vs a HELOC.

He bought it online w/my cc.

I have to believe vacancy rates are high and rents low given the sheer number of brand new units I see for sale.Do you have any thoughts on CC?

My goal isn't to necessarily get a CC or loan now without a PG, it's to make sure I take the appropriate steps to reduce the time that I need to do this.

We actually looked at doing the event there before electing to go with the Hyatt CC.

sc=fb&cc=fpps.

AssumptionsInvestment: $52,509 (PP 52,000+CC 509)Return from rents 136,215Average noi 20 years 12.15http://www.biggerpockets.com/files/user/Jeff1/file/net-operating-income-20-yrs-duplexAppreciation Core Logic Appraisal (Credit Union) 215,000 Purchase price 52,000 Appreciation 163,000Compounded annual return from appreciation 7.35%Average return from rents 12.15Total return 19.5