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Updated about 5 years ago,

Alessandro A.'s profile image
Alessandro A.'s profile image
Alessandro A.
  • Member since Mar 26, 2018
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30
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Alessandro A.'s profile image
Alessandro A.'s profile image
Alessandro A.
  • Member since Mar 26, 2018
Connect
Alessandro A.
1
Votes |
30
Posts
Starting Out

Using A Personal Loan To Purchase a Property

Alessandro A.
Posted

I have about 90k in cash. I found a good deal with a 90k purchase price that needs $7k in rehab. I am considering a personal loan from a lender such as Lightstream for about 35k and funding the rest of my deal with my cash. Would there be any issues with this process? I plan on cash-out refinancing once the property is rehabbed and rented.

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