YOu will get the best rates4. 15% is very low, work on keeping it this low, avoid CC debt, and pay them down comfortable and continue to save 5.

B+, B, B-, C+, C, etc).

Hey All!
Love this forum and all the great info I've been able to soak in as I embark on my REI journey! I am getting ready to purchase my first Investment Property following the BRRR strategy and am trying to decide...

Thanks guys,Purchase price 23,000Rehab 5,200 CC 3,600Holding Cost 420ARV pretty firm 62,000Rent monthly 600.00.

After having both cc’s and your car loan paid off then attack the student loans.

But I know people who have acquired some skills from CC in my county.

Anyway, another way I think of this.. is that I only invested my own physical cash to the tune of ~$25K (the other 15K was purchasing construction materials on a 0% interest CC which I'll pay back before the 12 month intro period).

Tenants pay utilities except for water.If I flip, I should be able to get 120K at a minimum.To cover utilities while working or vacant, I'd estimate electric $40, gas heat/hw $75/mo winter, $35/mo summer.I have 20K in a LOC I have a CC with 35K and another with 25K but cash advance fees are crazy if I were to use part for purchase. 

also, that is not including other fees (ie, statement fees, batch fees, terminal fees, etc) that may be associated with accepting cc's

Tom - The CC companies are also closing accounts for people who pay their balances in full every month . . .