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Slimen Rouri's profile image
Slimen Rouri's profile image
Slimen Rouri
  • from Sherman Oaks, CA
  • Member since Nov 9, 2015

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Slimen Rouri's profile image
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Slimen Rouri
  • from Sherman Oaks, CA
  • Member since Nov 9, 2015
Slimen Rouri
  • Sherman Oaks, CA
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General Real Estate Investing

Is This Possible? Make a lot of money

Slimen Rouri
  • Sherman Oaks, CA
Posted

Is it possible for me to get 200K from someone. Then put the 200K down, and get a bank loan for a franchise for around 600-1M.

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Tom S.'s profile image
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Tom S.
  • Real Estate Investor
  • from Burlington, VT
  • Member since Feb 4, 2010

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Tom S.
  • Real Estate Investor
  • from Burlington, VT
  • Member since Feb 4, 2010
Tom S.
  • Real Estate Investor
  • Burlington, VT
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Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Slimen Rouri  No, in general when getting a bank loan, they won't allow the downpayment funds to be borrowed.

- Tom

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