Cc

Pay off the debt. If you pay the cc" down you can use them as a form of money for short term purchases. Notice i said SHORT!. If i were to borrow monety to rehab a property a typical HM lender would charge me 17% + and several points. In a case like that I would use a cc for a short term loan, provided I had figured the cost of the money into the deal.
Joe

Comments(2)

  • tinman175521st February, 2004

    kman
    where is longpond pa? near what major city?

    Lori

    how is investing in that part of Pa?

  • classimg23rd February, 2004

    Joe,

    We are confused?!?!? What is the question?

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