I have a decent size unsecured commercial line with a different lender with no deposit account.

I'm new to all this, and I was wondering...Has anyone purchased an aged shelf corporation to get unsecured financing ($300k) to purchase an existing business?

I have a $30K unsecured LOC with the credit union I do all of my banking through, and I could get a ~$40K HELOC with then as well.

Here are some of the highlights:The bank financed EVERYTHING: They gave me a mortgage for 75% of the price and I was able to use my Unsecured Line of Credit to finance the remaining 25% down payment!

Selling estate assets prior to distribution is the entire point of probating a decedent's estate  in many cases as this is requured to pay secured and unsecured creditor claims.

Karen MikolainisOnce upon a time there was a real estate investor that had like 50 first mortgages on properties, as well as a few second mortgages, some HELOCs, and some unsecured lines of credit too.

So I needed $20,000 cash when I had around $1500.I called up my two best friends, and convinced them to each put in $10,000, while promising them $1500 each in profit.I had applied for an unsecured, personal loan at a bank nearby, and was expecting to get around $60,000 as they loan up to $100,000.I was surprised when they came back only approving me for $20,000. 

Your seller knew the BK unsecured the debt, they just didn't share it with you.

Maybe HOA fees or other fees.Realistically, if you want to do this with none of your own cash, you're either going to need to borrow some money from another source (HELOC, unsecured loan, credit cards) or you're going to have to buy at an even lower price in order to get more cash from the loan.

If a seller accepts a letter from the bank that the buyer has "over 120K worth of funds available unsecured" then it is a cash dealIf a seller accepts a buyers dad's account image and a letter saying "Junior can buy a house with this if he wants"If a seller accepts "IOU 120K cash at closing" it is a cash offer.The financing contingency falls under how @Mark Gallagher says.Just my 2 cents.