Re:Get some credit cards (Score 1)

What you propose will either (a) not work, or (b) get you into deep legal trouble, at least in the US, Canada, and as far as I know, all of the UK.

Actually, it'll work fine and is perfectly legal. There are at least two ways to do it:

1) Transfer the borrowed money into a company. Apply for a loan in company name - the bank will still ask for a personal guarantee, but the entity applying for the loan has a positive net worth.

2) Borrow the money and wait 6 months. After 6 months, the banks don't care where the deposit came from - remember, you're buying property, which serves as it's own collateral. The deposit is merely the banks safety margin, and they have first call on the property in the event you go under anyway.

How do I know this? Because I'm doing strategy number 1 - and I just got preapproval on two mortgages yesterday.

Not that I'd recommend doing it with Credit Cards! There are any number of non-bank institutions that will lend you the money at only a % or so more than the "standard" rate.