Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Real Estate Investing
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 on . Most recent reply

User Stats

33
Posts
4
Votes
Jacob Beemer
  • Cincinnati, OH
4
Votes |
33
Posts

Need more funds. What are some suggestions for my situation?

Jacob Beemer
  • Cincinnati, OH
Posted
Hi everyone! So right now I am flipping a house. My first time and boy is it stressful. But I’m trying to keep calm and think of the golden ticket at the end. So my situation is basically out of funds. I’m looking to borrow 5-10k but no bank will let me borrow from them since I have to much debt right now. Is there any other way of getting the funds I need so I can compete this house? Thanks!

Most Popular Reply

User Stats

453
Posts
254
Votes
Sean Carroll
  • Investor
  • San Jose, CA
254
Votes |
453
Posts
Sean Carroll
  • Investor
  • San Jose, CA
Replied

@Jacob Beemer some suggestions I have are construction loan possibly, peer to peer lending, refinance with a hard money lender bring in a partner for the last 10K and offer 50% of the profits, sell the deal and try again. 

Loading replies...