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Updated over 7 years ago on . Most recent reply

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Michael Jenkins
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getting started who's name how to fund

Michael Jenkins
Posted

want to start flipping houses 

will do work myself but no funds 

i own my house worth 90,000 owe 40,000. but just went bancrupt. i have 100,000 in 401k but i cant borrow from it for 2 more yrs as i already have taken a loan from it. i could wait on that bit wpuld like to change my life now. I have wealthy friends. do I borrow money to buy a house do they buy it in there name if I borrow cash from them and buy it. will it look suspicious and the bancruptcy court will think I had hidden money. just don't know how to start. thanks

mike

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