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Updated over 5 years ago on . Most recent reply

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2
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Blac Bird
  • Keller, TX
0
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2
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if you had $170k at 11% for 5 years how woud you grow it???

Blac Bird
  • Keller, TX
Posted

I am looking to use funding circle term loan to buy properties for cash (to get discounts) and then 6 to 7 months later do a cash out refi with a bank, so i can buy hold. my only challenge is buying $80k properties for $35k cash , keep the repairs no more than $15k and take on a new mortgage loan no more than $65k and rent it out. so far this is the only way i can see making money using this type of loan..Any other ideas?

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