I had another member reach out and ask me about using credit cards as part of their โskin in the gameโ for a real estate deal. Instead of replying privately, I figured Iโd post it here in case anyone else has been wondering the same thing. Can you use credit cards to help fund a real estate deal? The answer isโฆ yes. Some investors do. One strategy is to call your credit card company and ask if theyโll lower your interest rate or offer a promotional rate. Some people also use balance transfer offers to reduce the cost of borrowing. The idea isnโt usually to buy the property with a credit card. Instead, some investors use that available credit for things like: - Earnest Money Deposits (EMD) - Due diligence costs - Closing costs - Part of their down payment or โskin in the gameโ - Small repairs or getting the property up and running At the end of the day, a credit card is just another financing tool. Like any tool, it can help youโฆ or hurt youโฆ depending on how you use it. A few things to think about: - Promotional rates donโt last forever, so make sure you have a plan before they expire. - Regular credit card interest can get expensive fast. - Not every lender is okay with borrowed money being used as your equity. Some are, some arenโt. Always ask before assuming. - Just because you can borrow the money doesnโt automatically mean itโs a good deal. One thing Iโm learning is that good investors donโt just ask, โHow do I get the money?โ They ask, โWhatโs the smartest and least expensive way to put this deal together?โ There are a lot of ways to fund a dealโseller financing, assumable loans, private money, business lines of credit, partnerships, and yesโฆ sometimes even credit cards. The important part is knowing when each tool makes sense. Iโm still learning myself, so if youโve actually used this strategy, Iโd love to hear your experience. What worked? What would you do differently?