I've never used one before b/c i've had good credit for many years and have kept my CC balances at a minimal.

If they charge your CC $100k your DTI will be affected and you may not be able to refinance.Why would you not just get a loan on the property in the first place - the lending requirements are the same if you buy new or refiI am not a lawyer, but I am pretty good with contracts.

Other funds: I have access to about 15k on an insurance policy (~7% interest) and room on cc's (around 30k--I have been financing my deals using 0% apr promo offers for years now, which seems to work well for flips.)

I had a stellar tenant request to pay by CC.

TILA section 103(cc)(5) defines a “residential mortgage loan” as “any consumer credit transaction that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling or on residential real property that includes a dwelling, other than a consumer credit transaction under an open end credit plan.”

I get my CC for free I just scan and e mail them then put it right back in the bank...

We tend to ignore medical and educational debt / black marks but our flags are raised when we see cc missed payments, cable, power, etc. 

I have seen this scenario toooooo many times and its more of a hassel trying to get the credit cards "cc's" back once they are closed.

My biggest fear is that a lot of people are going to get hurt as a result of the government sanctionedcreative financing known as the ARM.Some didn’t know what they were getting into with the ARM’s; all they saw was a lower mortgage payment with their CC debt consolidated.

As doing each of these things: a few store cards, a major CC, and a car loan will get your credit back up.