Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Questions about profit after flipping a house
I bought a house using a personal loan. My partner and I flipped it and sold it. We are splitting the profits but he said that I can’t get the money I paid for the house using the personal loan plus the monthly payments I made for the personal loan. I know the case is different when it is a mortgage loan but this was a personal loan. Should I get the money I paid for the house plus the monthly payments made? Thanks