Liquidating 0% credit cards for Business Funding?
Hi everyone! Like many new RE investors, I am investigating ways to get funding for my investments. I have been talking to a Business Funding company that helps maximize access to 0% credit cards. They offer a credit card liquidation service through an in-house fulfillment partner (they invoice you, they give you cash in exchange) at 0% fee. Anyone has experience with this? Is this a viable way to explore funding RE investments? What are the pros and cons you see with this method? Funding deals AS A BUSINESS is new to me and I am a bit perplexed about the right way to go (other than getting a traditional bank mortgage that relies on your personal credit and DTI ratio, or using some personal collaterals like with a HELOC or a cash-out refi). I'd appreciate any advice on the topic! If this has already been discussed in some threads, could you please tag me there? Many thanks!