My credit cards usually offer the opportunity to transfer balances or take cash advances with 0% APR for 12-18 months for a one-time fee of 1-3% depending on the current offer. How come I never hear of anyone using th...
Hi guys, I was wondering how exactly you can get a cash advance against a business credit card? I want to do this for my first deal. Also what are the best cards that offer the best terms that you guys have used eithe...
Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !
Hi BP - needing advice. I'm trying to lock up my first wholesale contract and competiing with another buyer who is offering a Cash Advance of $10k to the seller. Reason is the seller is wanting to buy a vehicle before...
Hello BP, I am a buy and hold investor in Florida. I have heard great things about this community and look forward to networking and providing value. I would like to know if anyone has experience with merchant cash a...
Hello everyone,
I just signed up for BP Pro and I have a question about how the total cash invested on the advanced flip calculator is calculated. Below is a screen shot of my figures. It shows $47,499. I am calcu...
Hello, my wife and I are looking for our first flip. We have some money in the bank for a down payment and proof we can make the monthly payment on a hard money loan. We are a little short and are wanting to borrow $1...
Hi BP Members!
I have a Lot in Tucson under contract that we plan to either wholesale or Close for on for our own Portfolio, so there is no chance of a fall-through on this one.
That said, we are giving the Seller a...
Hello BP, I am a buy and hold investor in Florida. I have heard great things about this community and look forward to networking and providing value. I would like to know if anyone has experience with merchant cash a...
What are the pros or cons to using a $2400 cash advance to invest in real estate like investing in something that will create passive income monthly?