Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

1
Posts
0
Votes

Financial Restructuring/Personal Loans Used for Startup Capitol

Melissa Thompson
Posted

Hello investors! I am fairly new to the real estate investing world.  I currently use my business to do fix and flips of properties.  I obtained several unsecured personal loans in which I used entirely for my "startup" working capital.  I have successfully fix and flipped several of properties. I am interested to find out how do I transition all my personal loans to my  business credit? I have tried to apply for several business loans and lines of credit with no avail.  I find a lot of my requests are denied because my business's main source of income is from fix or flips which is considered high risk?  I need to refinance my primary home in about 4 months which is the main reason I am trying to restructure these loans and transfer them to my business credit s. Any suggestions from investors that took this route for their business startup?