Yet I structure the tenant buyers payments the same as owner financing.I buy mobile homes with Cash and Credit Cards.

To actually become a wholesaler/RE investor not having any money (because we are consistently in the hole every month until our car gets paid off at the end of the year), being a SAHM (I love being at home with our youngest two but I make no money), and marginal credit (I haven't really checked recently and I haven't used or had a credit card in years)?

They say strategic defaulters typically have higher FICO scores, lower revolving balances, fewer instances of exceeding the limits on credit cards and lower overall retail credit card usage.So much for being a good financial steward.

Don't think the credit card companies who have the liens will waive lien rights.

That margin is your safety net that doesn't require going to a credit card or family member.Once the cash starts moving, the game is on.

I refinanced, took what I would out of my primary residence, and used a handful of 0% teaser rate credit cards.

@Melody Everett-Neddo, yes, will be checking with them - have my car loan and credit card with themthanksmike

Whether its worth a grand is really up to the prospective user.When I started, I had to use credit cards for capital, although the mortgage interest rates of the day were pretty similar.

Not a week later, Discover Card calls to ask me about the "new" application I just submitted!  

Joe Gore They don't charge the tenant either (unless the tenant chooses to pay with a credit card...then it's a 3%ish fee).