money, credit cards and real estate investing.....?

It all depends where you are at. I live in Ca and am about to buy a house I am a first time buyer. I have a Friend who is a loan officer and is helping me. I asked if I should put 40K down on the house he said it will help, but here is the kicker if you finance a house 100% you will get what they call a 80/20 loan and it will cost you alot to pay it back if you put all of your money down you have no back up also you need to boost your credit score a tad bit higher and that will help. So I would pay some of the credit cards and the rest I would hold on to for your morgage payment.

Good luck

I am going to have got to agree and say this isn't normally a well plan. However, it isn't ALWAYS a thoroughly dangerous hindrance. If you discover the proper discount and that's the one manner that you'll finance it, you can also wish to take that soar. I have noticeable it performed efficaciously on estate ladder. People commonly finance the rehab with bank cards. If you might get a nil% cost for year (no longer exclusive) it could be even greater. You have got to be all set for the failure regardless that. What are the choices if the estate does not promote? I could move no bigger than 50% mortgage to significance for definite. That manner for those who have got to refi or unload the estate you'll. Again, it is a very dicy scheme. Not definite I could endorse it for a primary time flipper. Don't put out of your mind that you're going to have extra fees whenever you get the condo. It goes to wish a few paintings.

why don't you raise some more money as a real estate birddog. (if you don't know what real estate birddogging is, check out http://www.real-estate-investor-birddog.com/