My credit is good, but not "excellent" because of lack of credit and new accounts open in the form of credit cards, which I did to build credit. haha I do have 3 bad mark on my credit from when I was 19, that will be going off of my report in a year, thank God.

My wife does not work and we have a good amount of "stupid" debt (credit cards/hospital bills/student loans) and not very much in savings and fair credit.

You could get some business cards and start posting them in different places.

Introduce yourself - let the other investors know what you are doing and collect business cards.

The only reason it is structured as unsecured is if 1) the borrower's net worth is substantial and it's basically a credit card or 2) collateralize funds cannot be secured for a specific reason (such as high volume inventory purchase/sales) but the ave balance stays constant.

Or to ignore the hassle of a FHA 203k or construction loan, you could conventionally finance the house, put your 20% down, then finance the renovation by other means--credit cards, personal loan, car loan if you have equity, private money from a relative?

Not true with the larger hotels as they only accept cards but I think on many of these they are very profitable as much of the income is not reported.

We are about $80,000 in debt with college loans, credit cards, and some personal loans that we took out in order to facilitate our recent move overseas.  

When I put the SD card from my camera into the computer all the photos got erased!!!

Can the SDIRA purchase building  materials using a debit card  for a qualified remodeler to install?