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Updated over 7 years ago on . Most recent reply

User Stats

172
Posts
87
Votes
Alfred Litton
  • Rental Property Investor
  • Valley View, TX
87
Votes |
172
Posts

Just a Few Dollars Short!

Alfred Litton
  • Rental Property Investor
  • Valley View, TX
Posted

Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is smaller and the fees are awful in TX. Is my best bet simply a personal loan? I probably could pay off the $35K in about a year or a year and a half. Ideas? Suggestions? Thanks everyone!

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