Kaden Dayton
Question on different funding/loans for real estate flip
Hey Everyone! This might be a dumb question but what is the difference between a hard money loan and a personal loan you could receive from a bank or a site like credible? Because I haven't really heard of using a per...
Michael Campbell
Loan for down payment
Good morning, can I get a personal loan as a down payment for an investment property?
Zachary D.
New loan helps my fico score & DTI but what do lenders see?
I'm currently paying my credit cards down each month and am seeing gradual improvements to my credit score. I don't have any delinquencies or other red flags on my report and unless something new comes up the only thi...
Mohammed Milord
Is it a good idea to use a personal loan as down payment?
Hi everyone,I'm new to real estate investing and I'm trying to think of different creative ways for financing my first investment property. I would like to invest Out of State but I don't have enough money for a down ...
Melissa Kirchhoff
How the heck do personal loans work?
I feel so ignorant, but can someone explain this process to me?Is applying sort of like a condensed version of a mortgage process (tax, income verification, etc?) and then do you get something saying you are pre-quali...
Shaun Freeman
Personal Loan vs. HML vs. Private Equity
Hi, I am in the beginning of my real estate investing journey and am working on getting my ducks in a row (doing all the research I can before I begin).I am wondering what the downsides using a personal loan for the B...
Billy Rogers
Include 401K Loan on Personal Financial Statement?
Hey BP,
Should I include a 401K "Loan" on a personal financial statement? I want to use this document when approaching lenders. I'm not sure if this is really a debt since it's money I've taken out of my savings ...
Ray Martinez
LLC or Personal Loan - Shirt Term Rental
Hello everyone,
I would to start a short term rental business and I've started to look at properties.
How difficult will it be to fund the loan for the property when buying as a LLC?
As of now, I've put away about ...
Steve Hiltabiddle
Private Lending - Business or Personal loan classification
I have an interesting lending opportunity that I have some questions on. Hoping to get some feedback.
Owner is an older gentleman who has moved out of the subject property and is now living elsewhere. Now that he is...
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What type of loan (construction/personal/etc.)?
*I posted this in the "Starting Out" section, but I though I would try here as well.*
I'm a bit confused as to what type of loan I should be looking for.
The project: I'm purchasing a small plot of land, building a...