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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...
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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...
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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 !
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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...
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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...
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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...
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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...
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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?