Sun 6 Jan 2008
So, who wants to buy a home with a credit card? I know what you are thinking. After writing all these helpful articles on real estate, I have finally gone bonkers.
But it is not so easy. True, you are not about to pay for a full house with a credit card, but plastic money can help you mitigate some sudden real estate expense requirements. In many measures, credit card spending might be better and more convenient than, say, a payday loan or some other short term real estate financing.
I have yet to come across something that could be classified as real estate cards. But, I am confident that there are people out there that are funding near term real estate financing requirements using these glorious cards of credit.
And if you buy that argument, the next part is going to be quite easy. As in any other mode of financing for real estate, you know that not all lines of credit are created equal. So, you have to be acutely aware of your options.
So that is it for this week. A radical thought of funding specific real estate expenses using credit cards. Back to the usual real estate programming next week.