Hi guys. I am going to be looking at a house tomorrow for $37,500. If I ended up going for it, any suggestions for how to finance? Could pay it within 3 years, I estimate. Will need a remodel, but not sure how much yet. My thoughts:
- Credit card cash advances? (Typically 3% origination then no interest for a year.). Don't think I could get all on that, but at least $20,000.
- Personal bank loan?
- home equity loan on one of my other houses?
I can't take a loan out on my retirement account, because I already have a loan for a house remodel I did.
I will only actually do this if the numbers work out, including the interest, of course. Just looking for money raising suggestions.