Ben S.
$100,000 unsecured personal loan with SoFi
I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
Duane A. Snow
Personal loan for deposit for DSCR
Can I do this without it messing up financing on a DSCR?
Tabitha Bean
Rental needs emergency repairs, personal DTI too high for personal loans
My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
Yaritza Rivera Serrano
Questions about profit after flipping a house
I bought a house using a personal loan. My partner and I flipped it and sold it. We are splitting the profits but he said that I can’t get the money I paid for the house using the personal loan plus the monthly paymen...
Mike Matern
Personal Loan as Down Payment on Conventional Rental??
I'm planning on buying my next rental property at the end of this year using conventional financing. I currently have 2 rental properties, so in addition to the 20% down payment I will also need to show proof of fund...
Joe Jude
Took paycut, should I take out personal loan to pay off mortgage?
Ok I'll make this short as possible... I owe 30k on my house. I have 20k cash for a pay off in addition to 10k in savings. I'm thinking of doing a 10k personal loan and using the 20k pay off fund to pay the mortgage o...
LIpeng Wu
how to use personal loan in house purchase
Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
Steve Hyzny
Help to BRRR from personal loans to company (LLC) loans
I have been lucky so far to have a slow but steady plan to grow my real estate, but I am now having an issue.I think I'm headed down a good path but could use a good resource for the next step.I have 7 properties, 5 i...
John Jacobson
Impact of personal loan on mortgage application, if I already have down payment funds
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...
JoJo Diego
Personal Loans to purchase foreclosures...your thoughts?
Hi there,I was chatting with a friend that I plan on partnering with in flipping houses with (in DFW, mainly Dallas/Far North Dallas areas) and she brought an idea across - to purchase foreclosures with a personal loa...