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Updated almost 6 years ago,

Kristopher Shobe's profile image
Kristopher Shobe's profile image
Kristopher Shobe
  • Member since Jan 26, 2019
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15
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3
Votes
Kristopher Shobe's profile image
Kristopher Shobe's profile image
Kristopher Shobe
  • Member since Jan 26, 2019
Connect
Kristopher Shobe
3
Votes |
15
Posts
Private Lending & Conventional Mortgage Advice

Close friend wants to partner up to buy a duplex

Kristopher Shobe
Posted

My buddy and I would like to buy a duplex and our question is, could we each get a personal loan for 30k, let it sit in our accounts for 30 days and then use the combined funds to purchase said property out right? Property is 50k. Rent is $1540.

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